Broad Market Declines Across Segments

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 both the car and truck segments depreciating more than usual, with both segments overall decreasing in value by -0.64% and -0.65%, respectively. Only two vehicle categories maintained their value from last week, Sub-Compact Crossovers and Compact Vans. The report also showcases the latest Black Book Retention Index.
"After three months of relatively strong performance, seasonal slide of used vehicle values kicks into high gear,” said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics.  
  • Volume-weighted, overall car segment values decreased by 0.64% last week, higher than the average  weekly decrease of 0.58% in values over the previous four weeks.
  • The Near Luxury Car segment decreased in value at the highest rate among all the car segments.
  • Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.65% last week, higher than the average weekly decrease of 0.42% in values over the previous four weeks.
  • The Mid-Size Luxury Crossover/SUV and Minivan segments decreased in value at the highest rate among all the truck segments. 
 

Views: 37

Comment

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

Join DealerELITE.net

dE Sponsor

Latest Activity

Rob Gehring posted a blog post
3 hours ago
Sandy Zannino posted blog posts
3 hours ago
Jeff Cowan posted a blog post

Write Service Podcast: Episode 49- Tips for Your Slowest Month

This week, Jeff discusses how to tackle your notoriously slow month (usually December and fourth…See More
5 hours ago
Dave Anderson's blog post was featured

Drive Drama-Babies from Your Dealership

There is little that is less productive for a team member to engage in than drama, and to…See More
7 hours ago
Andy Church posted a video

Profit By Action Quick Tip: Business Planning 4 - Agreement & Action Plan

ProfitByAction.com Quick Tip on the importance of getting the buy-in and agreement of all Dealership Management as part of the Planning Process. Once everyon...
7 hours ago
Dave Anderson posted a blog post

Drive Drama-Babies from Your Dealership

There is little that is less productive for a team member to engage in than drama, and to…See More
yesterday
Anne Fleming's blog post was featured

How Your BDC Can Minimize Leakage with Digital Customers

Did you know that less than 6 in 10 women car buyers report not being satisfied with the initial…See More
yesterday
Anne Fleming posted a blog post

How Your BDC Can Minimize Leakage with Digital Customers

Did you know that less than 6 in 10 women car buyers report not being satisfied with the initial…See More
yesterday

de sponsor

Get Newsletter

dE Sponsor

© 2018   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service