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 SUVs increasing their value noticeably, giving the truck segment an overall boost in retention value last week. The car segment depreciated by a standard amount with only one vehicle category, Mid-Size Cars, increasing in value by 0.13%.
“Active buying continued last week as Texas dealers replenished their inventory. Compact SUVs and Mid-Size Cars did well,” said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics.
- Volume-weighted, overall car segment values decreased by 0.48% last week, similar to the average weekly decrease of 0.41% in values over the previous four weeks.
- Luxury and sporty vehicles in car segments declined the most while the Mid-Size Car segment showed a slight increase in value.
- Volume-weighted, overall truck segment (including pickups, SUVs and vans) values were nearly flat compared to the average weekly decrease of 0.27% in values over the previous four weeks.
- Compact Crossover/SUV and Compact Van segments increased the most among truck segments by 0.37% and 0.51%, respectively.
Author: Black Book
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