Sub-Compact Car Values under Pressure

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 that small cars continue to feel heavy depreciation, but small crossovers are also feeling larger valuation drops as well. Out of all vehicle categories within the car segment, Sub-Compact Cars declined the most, dropping -0.68%.

“The smallest vehicles, including Sub-Compact Car, Sub-Compact Crossover, and Sub-Compact Luxury Crossover, have experienced heavier depreciation levels as gas prices remain low,” said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics.

  • Volume-weighted, overall car segment values decreased by 0.35% last week, slightly lower than the average weekly decrease of 0.39% in values over the previous four weeks.
  • Sub-Compact Car, Mid-Size Car, Prestige Luxury Car and Compact Car segments declined the most by 0.68%, 0.53%, 0.50% and 0.48%, respectively.
  • Volume-weighted, overall truck segment (including pickup, SUVs and vans) values decreased by 0.23% last week, similar to the average weekly decrease of 0.24% in values over the previous four weeks.
  • Sub-Compact Luxury Crossover and Compact Van were the worst performing truck segments while pickup trucks values remained flat last week.

 

Click here to download the full report.

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