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 Market Insights Report looks at the weekly retention figures, as well as a focus on three-year-old Compact Car values. The wholesale average value of a three-year old typically-equipped Compact Car jumped up by $1,694 to $10,665 (comparing 2015 MY vehicles in Nov 2018 to 2014 MY vehicles in Nov 2017). This reverses the trend seen in the past couple of years of dropping values on compact cars.

“Used vehicle value trends show typical seasonal patterns with higher depreciation. Last week, light truck values registered the highest weekly decline of the year,” said Anil Goyal, Executive Vice President, Operations, for Black Book.

 

  • Volume-weighted, overall car segment values decreased by 0.64% last week. In comparison, the market values had decreased by 0.56% on average during the prior 4-week period.
  • In cars, the Compact Car segment experienced the biggest drop.
  • Volume-weighted, overall truck segment (including pickups, SUVs and vans) values decreased by 0.79% last week. In comparison, the market values had decreased by 0.42% on average during the prior 4-week period.
  • In trucks, the Full-Size Crossover/SUV segment experienced the biggest drop.

 

Click here to download the full report.

Views: 39

Comment

You need to be a member of DealerELITE.net to add comments!

Join DealerELITE.net

dE Sponsor

Latest Activity

Sally Whitesell's blog post was featured
3 hours ago
Michael Guastini posted a video
18 hours ago
Michael Guastini posted an event

Your 2019 Budiness Plan at LiveStreaming on FaceBook

December 19, 2018 from 9pm to 10pm
BUSINESS PLAN 2019 - A free online conference where the take away is a real, honest to God business…See More
18 hours ago
Sally Whitesell posted a blog post
20 hours ago
Tony Provost posted a video
21 hours ago
Cory Mosley posted a video

Progressive Retail with Cory Mosley Episode 51 - Ephraim Barcelo

On this week’s episode of Progressive Retail, I invite Ephraim Barcelo, General Manager at John Elway’s Crown Toyota, to talk about one price selling and how...
23 hours ago
Bill Wittenmyer posted a video

Freebie Friday: Dont Over Celebrate

Bill Wittenmyer explains the importance of not over celebrating achievements in this edition of Freebie Friday.
yesterday
Scot Eisenfelder posted a blog post
yesterday

de sponsor

Get Newsletter

dE Sponsor

© 2018   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service