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 offers all retention trends on last week’s car and truck segments. The report also sheds light on luxury cars as a whole, which have depreciated at a higher rate this year, driven by excess supply and higher competition, particularly for model year 2014.
“Depreciation levels remain better than typical Fall-season trends. Truck segments continue to perform better than cars in weekly depreciation,” said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics.
- Volume-weighted, overall car segment values decreased by 0.38% last week, similar to the average weekly decrease of 0.37% in values over the previous four weeks.
- Premium Sporty Car performed the worst while Full-Size Car declined the least last week.
- Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.25% last week, slightly higher than the average weekly decrease of 0.20% in values over the previous four weeks.
- Small Pickups declined the most while Full-Size Pickups performed well.
Author: Black Book
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