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 last week’s segment changes, with cars showing greater declines than trucks. The report also looks at 2- to 6-year-old segment depreciation over the last twelve months. Sub-Compact Cars and Compact Cars are both below 10% in depreciation. Luxury Cars have experienced the highest depreciation rate.
“The declines in used vehicle values within the car segments accelerated last week, led by Compact Cars,” said Anil Goyal, Executive Vice President, Operations, for Black Book.