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.
 
The Black Book Market Insights report this week shows that truck depreciation was actually higher than cars this past week, a milestone rarely achieved this past year. The report also highlights three-year average retention percentages for the past several years. 2015 and 2014 show that all vehicles are averaging 51.2% retention, the highest marks on record dating back to 2005.

“The steep downward market trend seen over the last four weeks in the car segments took a pause last week with relatively better value retention,” said Anil Goyal, Vice President of Automotive Valuation and Analytics.

• Volume-weighted, overall car values decreased by 0.22% last week. This is lower than the average depreciation rate of 0.82% seen in the previous four weeks.
• Car segments that showed the lowest declines last week include Entry Mid-Size Car, Near Luxury Car and Prestige Luxury Car, declining by 0.09%, 0.14% and 0.11%, respectively.
• Volume-weighted, overall truck values decreased by 0.47% last week. This is lower than the average depreciation rate of 0.63% seen in the previous four weeks.
• Truck segments that showed the best retention last week include Compact Pickup, Compact SUV, Mid-Size Pickup and Sub-Compact CUV.

Click here to download the full report