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 reveals which segment is opening 2016 with a price increase. And while the increase isn’t by a large margin, it’s a segment that might surprise some people, especially given how it fared during much of 2015. Separately, this week’s report shines a light on truck segments, which continue to largely open 2016 with a thud compared to the momentum they had in 2015.
“Overall weekly depreciation rates decreased as some segments start to show strength prior to the tax-season. We expect depreciation to remain low through the tax season,” said Anil Goyal, Vice President of Automotive Valuation and Analytics.