BLACK BOOK SEES OVERALL VEHICLE VALUES INCREASE RESULTING FROM STRONG APRIL AND SPRING SEASON

According to Black Book® data, the average price of a used vehicle for model years 2011-2015 increased in value by 0.4% in April. Cars overall saw an increase in value by 0.7% versus trucks, which saw a 0.3% increase. All vehicles are averaging a 12-month depreciation change of –16.9% entering May.

In April, Sporty Cars performed the strongest, increasing their value by 1.8%. Vehicles in the Sporty Car category include the Dodge Challenger, Chevrolet Camaro, Ford Mustang, BMW 1-Series, and the Mazda MX-5 Miata. Vehicles in this segment finished April with an average price of $13,355.

Only six vehicle segments depreciated in value in April, Premium Sporty Cars, Compact Vans, Full-Size Luxury CUV/SUV, Full-Size Vans, Sub-Compact Crossovers and Sub-Compact Luxury CUVs. Of those vehicle categories, the Full-Size Luxury CUV/SUV segment saw the most depreciation declining in value by -0.5%. Vehicles in this segment include the Audi Q7, Infiniti QX56, Land Rover Range Rover, Cadillac Escalade, Mercedes-Benz GL Class, and the Lincoln Navigator. The Full-Size Luxury CUV/SUV began the month of May with an average segment price of $33,158, a -18.6% drop from year-ago levels ($40,733).

"Clearly we’ve had a stronger-than-expected spring this year, particularly in comparison to the last few spring seasons,” said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics. "We attribute much of this year’s strength to smaller car values which have experienced significant depreciation in the last few years and are most likely viewed as a bargain to many buyers right now.”

Black Book Segment Depreciation Entering May 2017

Mk/Mod			5/1/16	4/1/17	1M Chg	5/1/17	3M Chg	12M Chg
Count	Category	Seg	$	$	%	$	%

SUMMARY
1,404	All Vehicles		17,072	14,120	+0.4%	14,184	-0.9%	-16.9%

TYPES
725	Car		13690	10918	+0.7%	10991	-0.7%	-19.7%
679	Truck		20811	17661	+0.3%	17714	-1.0%	-14.9%

ORIGINS
144	Domestic Car		12370	9895	+1.3%	10025	+0.7%	-19.0%
298	Domestic Truck		20896	17915	+0.4%	17987	-0.6%	-13.9%
581	Import Car		14441	11501	+0.4%	11541	-1.4%	-20.1%
381	Import Truck		20683	17274	+0.1%	17298	-1.7%	-16.4%

SEGMENTS
42	Prestige Luxury Car	PLC	45344	33931	-0.8%	33676	-6.6%	-25.7%
51	Full-Size Luxury CUV/SUV	LFU	40733	33311	-0.5%	33158	-4.0%	-18.6%
10	Sub-Compact Crossover	SXU	13782	10968	-0.4%	10920	-2.6%	-20.8%
80	Full-Size Van	FSV	20661	17501	-0.4%	17424	-1.9%	-15.7%
13	Compact Van	MVC	12530	9903	-0.3%	9878	+0.8%	-21.2%
49	Premium Sporty Car	PSC	47438	38460	-0.1%	38404	-2.9%	-19.0%
9	Sub-Compact Luxury CUV	LXU	22021	17604	-0.1%	17595	-2.1%	-20.1%
80	Mid-Size Luxury CUV/SUV	LMU	27464	22109	+0.0%	22100	-2.9%	-19.5%
106	Compact Crossover/SUV	CSU	15066	12575	+0.0%	12578	-1.2%	-16.5%
80	Luxury Car	LLC	25027	19210	+0.1%	19229	-3.4%	-23.2%
133	Near Luxury Car	NLC	19720	15456	+0.2%	15485	-2.2%	-21.5%
98	Mid-Size Crossover/SUV	MSU	18841	15510	+0.2%	15547	-1.1%	-17.5%
43	Compact Luxury CUV/SUV	LCU	25582	20737	+0.3%	20791	-2.7%	-18.7%
81	Mid-Size Car	MSC	11306	9185	+0.4%	9222	-0.4%	-18.4%
84	Full-Size Pickup	FPT	24575	22131	+0.4%	22223	-0.2%	-9.6%
49	Full-Size Crossover/SUV	FSU	29731	25242	+0.5%	25370	+0.0%	-14.7%
24	Small Pickup	SPT	20582	18778	+0.7%	18911	+0.1%	-8.1%
84	Sub-Compact Car	SBC	7872	6119	+1.0%	6182	+0.2%	-21.5%
40	Full-Size Car	FSC	15133	12330	+1.2%	12477	+0.3%	-17.6%
129	Compact Car	CPC	9937	7975	+1.2%	8071	+0.8%	-18.8%
32	Minivan	MVW	18210	15129	+1.5%	15350	+0.1%	-15.7%
87	Sporty Car	SPC	16080	13117	+1.8%	13355	+2.4%	-17.0%

About Black Book

Black Book^® is best known in the automotive industry for providing timely, independent and accurate vehicle pricing information, and is available to industry-qualified users through online subscription products, mobile applications and licensing agreements. A leading provider since 1955, Black Book has continuously evolved to ensure that it achieves its goal of delivering mission-critical information to its customers, along with the insight necessary to successfully buy, sell, and lend. Black Book data is published daily by National Auto Research, a division of Hearst Business media, and the company maintains offices in Georgia, Florida, and Maryland. For more information, please visit BlackBook.com or call 800.554.1026.

BLACK BOOK SEES OVERALL VEHICLE VALUES INCREASE RESULTING FROM STRONG APRIL AND SPRING SEASON

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