BLACK BOOK APRIL DEPRECIATION REPORT SHOWS NINE TOTAL VEHICLE SEGMENTS WITH AN INCREASE IN VALUE; FIVE OF WHICH WERE CARS

According to Black Book® data, the average price of a used vehicle for model years 2012-2016 increased in value by +0.3% during April, fueled by a strong spring selling season for cars, also up +1.3%; trucks saw a decrease of -0.4% on the month. All vehicles are averaging a 12-month change of -15.1%.

A total of nine vehicle segments increased in overall value during spring, including five car segments, led by Mid-Size and Compact Cars, each up +2.5% on the month.

Vehicles in Mid-Size Car segment include the Nissan Altima, Chrysler 200, Honda Accord, Ford Fusion, Toyota Camry, Chevrolet Malibu, Kia Optima and the Hyundai Sonata. Vehicles in this segment finished April with an average price of $9,732, a -15.5% change from a year ago.

Vehicles in the Compact Car segment include the Chevrolet Cruze, Ford Focus, Honda Civic, Toyota Corolla, Volkswagen Jetta, Nissan Sentra and the Hyundai Elantra. Vehicles in this segment finished April with an average price of $8,210, a -13.7% change from a year ago.

Sub-Compact Crossovers saw the largest boost for trucks, jumping +1.5% in April. Vehicles in Sub-Compact Crossover segment include the Buick Encore, Nissan Juke, Chevrolet Trax, Honda HR-V and the Jeep Renegade. Vehicles in this segment finished April with an average price of $11,652, a -15.6% change from year-ago levels.

The other segments seeing increases in April included Sub-Compact Crossover (+1.1%); Full-Size Car (+1.0%); Compact Crossover/SUV (+0.5%); Sub-Compact Car (+0.5%); Compact Van (+0.3%); and Small Pickups (+0.1%).

The two segments that saw the highest depreciation on the month were Full-Size Crossover/SUV, and Mid-Size Luxury CUV/SUV, each declining -1.5%. Vehicles in the Full-Size Crossover/SUV segment include the Chevrolet Tahoe, Chevrolet Suburban, Dodge Durango, Ford Expedition, GMC Yukon, Toyota Sequoia and the Nissan Armada. Vehicles in the Mid-Size Luxury CUV/SUV segment include the Lexus RX 350, Acura MDX, BMW X5, Buick Enclave, Infiniti QX60, Mercedes Benz M Class and the Lincoln MKX.

“The above-average strength of the spring season was on full display during April, with a total of nine vehicle segments showing an increase in value,” said Anil Goyal, Executive Vice President, Operations at Black Book. “What’s impressive most in April is that five of these segments were cars, so it will be interesting to see what the remaining of the year holds for these segments as we return to more typical seasonal depreciation patterns for vehicles overall.”

Mk/Mod			5/1/17	4/1/18	1M Chg	5/1/18	3M Chg	12M Chg
Count	Category	Seg	$	$	%	$	%	%

SUMMARY
1,577	All Vehicles		16,241	13,753	+0.3%	13,792	-1.2%	-15.1%

TYPES
848	Car		12826	10600	+1.3%	10735	+1.2%	-16.3%
729	Truck		20103	17320	-0.4%	17248	-2.9%	-14.2%

ORIGINS
174	Domestic Car		11902	10078	+1.7%	10247	+3.1%	-13.9%
323	Domestic Truck		20258	17655	-0.5%	17564	-3.3%	-13.3%
674	Import Car		13323	10881	+1.1%	10997	+0.2%	-17.5%
406	Import Truck		19856	16784	-0.2%	16744	-2.1%	-15.7%

SEGMENTS
52	Full-Size Crossover/SUV	FSU	29276	24660	-1.5%	24278	-6.1%	-17.1%
81	Mid-Size Luxury CUV/SUV	LMU	25475	20925	-1.5%	20611	-4.5%	-19.1%
53	Full-Size Luxury CUV/SUV	LFU	40667	33882	-1.3%	33428	-5.0%	-17.8%
57	Compact Luxury CUV/SUV	LCU	23925	19147	-1.2%	18918	-4.7%	-20.9%
95	Luxury Car	LLC	23409	18692	-0.9%	18516	-4.5%	-20.9%
53	Prestige Luxury Car	PLC	38309	30789	-0.9%	30505	-2.9%	-20.4%
54	Premium Sporty Car	PSC	41634	34465	-0.7%	34240	-3.7%	-17.8%
86	Full-Size Pickup	FPT	25374	22894	-0.5%	22781	-3.2%	-10.2%
32	Minivan	MVW	17101	14272	-0.5%	14202	-3.1%	-17.0%
89	Full-Size Van	FSV	18237	16634	-0.5%	16557	-1.8%	-9.2%
13	Sub-Compact Luxury CUV	LXU	18601	14727	-0.2%	14694	-5.5%	-21.0%
103	Mid-Size Crossover/SUV	MSU	18984	16101	-0.1%	16079	-2.3%	-15.3%
157	Near Luxury Car	NLC	18549	14989	-0.1%	14971	-3.4%	-19.3%
20	Small Pickup	SPT	22383	20139	+0.1%	20168	-1.2%	-9.9%
19	Compact Van	MVC	11145	10116	+0.3%	10143	+0.0%	-9.0%
94	Sub-Compact Car	SBC	7255	6013	+0.5%	6041	+2.6%	-16.7%
108	Compact Crossover/SUV	CSU	13665	11758	+0.5%	11814	-0.7%	-13.5%
47	Full-Size Car	FSC	14681	12549	+1.0%	12673	+1.0%	-13.7%
16	Sub-Compact Crossover	SXU	12409	10511	+1.1%	10625	+1.0%	-14.4%
88	Sporty Car	SPC	13806	11481	+1.5%	11652	+1.5%	-15.6%
150	Compact Car	CPC	9510	8012	+2.5%	8210	+5.3%	-13.7%
110	Mid-Size Car	MSC	11516	9497	+2.5%	9732	+3.1%	-15.5%

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. 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, and the company maintains offices in Georgia, Florida, and Maryland. For more information, please visit BlackBook.com or call 800.554.1026.

BLACK BOOK APRIL DEPRECIATION REPORT SHOWS NINE TOTAL VEHICLE SEGMENTS WITH AN INCREASE IN VALUE; FIVE OF WHICH WERE CARS

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