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 where car values in particular showed some of their highest value declines in the last four months, with segments such as Luxury and Compact Cars leading the way. Conversely, Sporty Cars was the only segment out of all cars and trucks to still show a price increase.

“As the weather warms up, widespread seasonal declines begin to show in used vehicle values across most segments,” said Anil Goyal, Executive Vice President, Operations.

 

  • Volume-weighted, overall car segment values decreased by 0.38% last week. In comparison, the values had decreased on average by 0.20% per week in the previous four weeks.
  • Among car segments, Luxury Cars decreased the most while Sporty Cars increased the most last week.
  • Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.24% last week. In comparison, the values had decreased on average by 0.09% per week in the previous four weeks.
  • Among truck segments, Full-Size Vans decreased the most last week.

 

Click here to download the full report.

Views: 47

Comment

You need to be a member of DealerELITE.net to add comments!

Join DealerELITE.net

© 2024   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service