Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report.

 

This week’s Black Book Market Insights looks at the impact early spring selling season is having on car segments, particularly the SubCompact Cars, which showed an increase last week. What’s more, industry professionals need to take a close look at trends surrounding the SubCompact Crossover, which showed a greater than -2% decline last week alone.

 

“The Sub-Compact Car segment started to show strength with tax season approaching. In addition, most crossover/SUV segments remain relatively strong,” said Anil Goyal, Senior Vice President, Operations.

 

  • Volume-weighted, overall car values decreased by 0.47% last week. This is close to the average depreciation rate of 0.44% seen in the previous eight weeks.
  • All car segments except Sub-Compact Car segment declined in value. Mid-Size and Full-size Car segments had the largest changes for the week at -0.69% and -0.61% respectively.
  • Volume-weighted, overall truck values decreased by 0.20% last week. This is lower than the average depreciation rate of 0.49% seen in the previous eight weeks.
  • The Sub-Compact Crossover segment declined the most by 2.04% last week while Full-Size Crossover/SUV and Compact Van segments experienced an increase.

 

 

 

Click here to download the full report

 

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