According to Black Book® data, the average price of a used vehicle for model years 2010-2014 declined -1.3% in July. Domestic cars decreased -2.1%; import cars changed -1.7%; domestic trucks changed -0.6%; and import trucks changed -1.3%. Average pre-recession annual depreciation was continually recorded between -15% and -18%, and Black Book expects 2015 depreciation near -14.5%.

Truck segments held seven of the top spots for strongest retention on the month, led by Full-Size SUVs unchanged at 0.0%. Vehicles in this segment include the Nissan Armada, Jeep Commander, Dodge Durango, Ford Expedition and Chevrolet Tahoe. Vehicles in this segment finished July with an average price of $26,166, a -6.5% change from year-ago levels ($27,970).

Other truck segments with low monthly depreciation levels include Full-Size Pickups, Compact SUVs, Mid-Size SUVs, Mid-Size Pickups and Compact Pickups.

Luxury Cars represented the car segment with the lowest depreciation during July, changing just -0.8% on the month. Vehicles in this segment include the BMW 5-Series, Audi A6, Lexis IS, Lincoln MKS, Cadillac STS and Jaguar XF. Vehicles in this segment finished the month with an average segment price of $24,736, a -16.4% change from a year ago ($29,596).

Cargo Minivans finished the month with the highest depreciation at -3.1% (Dodge Caravan, Chevrolet Uplander), followed by the Full-Size Car segment at -2.5% (Toyota Avalon, Chevrolet Impala, Buick Lucerne, Nissan Maxima).

Full-Size Crossovers finished the month at -1.4% change, representing the truck segment with the highest depreciation (GMC Acadia, Buick Enclave, Cadillac SRX, Volkswagen Touareg).

“At a time of year when everyone expects depreciation to begin picking up steam, the truck segment continues to hold retention well helping the overall values,” said Anil Goyal, Vice President of Automotive Valuation and Analytics for Black Book. “It will be extremely interesting to see what the next few months hold with lease return supply building and new model year arriving at dealer lots.”

Black Book® is best known in the automotive industry for providing timely, independent and accurate vehicle pricing information, and is available to industry-qualified users through online subscription products, mobile applications and licensing agreements. A leading provider since 1955, Black Book has continuously evolved to ensure that it achieves its goal of delivering mission-critical information to its customers, along with the insight necessary to successfully buy, sell, and lend. Black Book data is published daily by National Auto Research, a division of Hearst Business media, and the company maintains offices in Georgia, Florida, and Maryland.