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 report illustrates that overall depreciation is in check and moderate this past week compared with typical depreciation patterns this time of year. A handful of car and truck segments were unchanged or even increased a little. This week’s report also showcases the latest incentives data across all segments.
“Overall depreciation rates are stable for car and truck segments for this time of the year. Mid-Size Cars did experience a higher drop last week,” said Anil Goyal, Executive Vice President, Operations.
- Volume-weighted, overall car segment values decreased by 0.35% last week. In comparison, the values had decreased on average by 0.23% per week in the previous four weeks.
- Among car segments, Mid-Size and Compact Cars decreased the most.
- Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.28% last week. In comparison, the values had decreased on average by 0.14% per week in the previous four weeks.
- Among truck segments, Compact Luxury Crossover/SUVs and Minivans decreased the most last week.
Author: Black Book
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