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 Compact Cars and Compact Crossovers increasing in value while most other vehicle segment values decline. Mid-Size Luxury Crossover/SUVs saw the largest drop in value last week, decreasing by 0.77%. The report also shows a spotlight on 2017 SAAR trends from month to month.
“Nearly all segments besides luxury vehicles and sporty cars performed well last week as buyers from Texas bid up prices to acquire replacement vehicles,” said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics.
• Volume-weighted, overall car segment values decreased by 0.19% last week, much better than the average weekly decrease of 0.42% in values over the previous four weeks.
• Compact cars performed the best while Sub-Compact, Mid-Size, and Full-Size car values were strong as well with no depreciation last week.
• Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.10% last week, better than the average weekly decrease of 0.19% in values over the previous four weeks.
• Subcompact Crossover and Compact Crossover/SUV segments increased the most among truck segments by 0.46% and 0.39%, respectively.
Author: Black Book
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