All Car Segments Declined While Pickup Trucks Held Values

 
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.
 
The Black Book Market Insights report this week continues to take a look at the depreciation trends of specific Volkswagen diesel vehicles affected by the recent emissions/software situation. The report shows that since September 18, each vehicle has displayed a higher level of depreciation compared with its competitive gas models:
Golf Diesel: -9.6%
Gas Models: -4.0%

Jetta Diesel: -15.5%
Gas Models: -4.0%

Beetle Diesel: -10.7%
Gas Models: -3.7%

Passat Diesel: -14.8%
Gas Models: -3.4%

The Market Insights report also provides a look at new trends this past week showing car values saw lighter depreciation while truck values saw heavier than normal depreciation. “We saw normal declines in the wholesale market last week, which are consistent with seasonality expectations. SUV values that have recently been stable have begun to show some softness,” said Anil Goyal, Vice President of Automotive Valuation and Analytics.

  • Overall, the volume-weighted car values decreased by 0.54% last week. This is lower than the average weekly depreciation rate of 0.64% seen in the previous four weeks.
    • Car segments that performed the worst last week include Full-Size Car, Entry Level Car and Sporty Car, declining by 1.19%, 0.85% and 0.70%, respectively.
    • Overall, the volume-weighted truck values decreased by 0.47% last week. This is higher than the average depreciation rate of 0.39% seen in the previous four weeks.
    • Truck segments that performed the worst last week include Compact SUV and Full-Size SUV, declining by 1.53% and 1.18%, respectively.


Click here to download the full report.

 

 

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