Best Retention in Car Segments in Six Months

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 car segments are retaining their values better than they have in the past six months. On the other hand, Compact Vans in the truck segment have depreciated the most with a 1.94% drop in value last week alone.
“Compact cars continued to hold their value for a second consecutive week; an encouraging sign after multiple years of sharp drops in retention values for this segment,” said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics.
• Volume-weighted, overall car segment values decreased by 0.39% last week, better than the depreciation rate of 0.43% seen in the previous four weeks.
• Near Luxury Car, Premium Sporty Car segments declined the most by 0.68% and 0.67%, respectively.
• Volume-weighted, overall truck segment (including pickup, SUVs and vans) values decreased by 0.51% last week, higher than the depreciation rate of 0.43% seen in the previous four weeks.
• Compact Van, Sub-Compact Luxury Crossover and Minivan segments declined the most by 1.94%, 1.57% and 0.85%, respectively.

Click here to download the full report.

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