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 all segment depreciation trends from last week. The report also highlights the latest incentives report, with the Near-Luxury Car segment showing the biggest challenge in sales, as indicated by the level of incentives. Conversely, demand for Small Pickups is showing the highest for all segments.
“Car segments continued to drop in value while truck values were stable. Sub-Compact Cars have started to experience higher depreciation rates after showing good retention trends last year,” said Anil Goyal, Executive Vice President, Operations, for Black Book.