According to Black Book weekly reports, during the month of September, import used vehicle values declined –1.8% compared with domestic models which declined –1.4% on the month. Used imports are currently averaging $20,033, down from $20,400 at the beginning of September. Domestic used vehicles are currently averaging $14,839, down from $15,055 at the beginning of the month. Import-heavy segments such as Luxury Level, Prestige Luxury and Near Luxury cars saw large price declines throughout the month as addressed in Black Book weekly reports.
Overall Domestic vs. Import Performance (last 30 days)
Overall Car vs. Truck Segment Performance (last 30 days)
As Black Book noted each week throughout September, wholesale truck prices declined at a slower pace compared with that of car segments. In spite of gas prices that continue to stay at higher-than-normal levels, trucks declined –1.3% compared with car segments, which declined –2.1%. Throughout the month of September, pickup trucks in all size segments, along with Compact Crossovers, even showed some wholesale price increases.
Car vs. Truck Performance (by domestic vs. import last 30 days)
Used import trucks (Toyota Tacoma, Nissan Frontier) declined by –1.2% in prices compared with domestic trucks (Ford Ranger, Dodge Dakota, Ford Explorer) which declined –1.3% on the month. However, used import cars (Audi A4, BMW M6, Mercedes-Benz CL) declined –2.2% compared with domestic cars (Chevrolet Malibu, Ford Fusion, Chrysler 200) which declined –1.9% on the month.
Individual Segment Performance
Overall wholesale car and truck segments showed declines across the board for the month of September. According to Black Book, Compact Pickup Trucks were down just –0.1% compared with Full-size Cargo Vans which were down –4.3% on the month. Interestingly enough, all sizes of pickup trucks are showing the strongest wholesale value performance during September, as these segments are closely tied to broader economic performance as service vehicles. Different sizes of crossovers and SUVs were mixed in with falling values ranging from –0.7% through –1.7%, followed by most car segments.
Black Book Segment % Change Last 30 Days
|Compact Pickup Truck|
|Full-size Pickup Truck|
|Midsize Pickup Truck|
|Premium Sporty Car|
|Upper Mid-size Car|
|Luxury Level Car|
|Prestige Luxury Car|
|Entry Mid-size Car|
|Full-size Van Wagon|
|Full-size Van Cargo|