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 shows how truck values have stabilized last week, following several weeks of volatility while cars saw higher demand at auction. The report also takes a close look at the three-year retention of mid-size cars, which has also stabilized from recent years.
“Sedans drop in value but sporty cars see a seasonal increase with summer around the corner. Luxury cars and crossovers experience a larger decline,” said Anil Goyal, Executive Vice President, Operations.
- Volume-weighted, overall car segment values decreased by 0.27% last week. In comparison, the values had increased on average by 0.12% per week in the previous four weeks.
- In cars, the Sporty Car segment increased the most in value by 0.18% last week.
- Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by just 0.05% last week, same as the average drop per week in the previous four weeks.
- In trucks, the Sub-Compact Crossover segment increased the most in value by 0.22% last week.
Author: Black Book
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