Full-Size and Small Pickup Trucks in Demand

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 shows car and truck segments with almost the same overall depreciation trend this past week. The report also highlights car and truck retention dating back to the end of February, illustrating how cars have shown a stronger overall retention rate for most of the year.

“The overall used vehicle market is doing extremely well, bucking the seasonal trend seen in previous years. This time last year, the weekly drop in values was five times the rate seen today,” said Anil Goyal, Executive Vice President, Operations, Black Book.

  • Volume-weighted, overall car segment values decreased by just 0.11% last week. In comparison, the values had decreased at a rate of 0.20% per week during the previous four weeks.
  • Among car segments, Prestige Luxury Car values decreased the most last week.
  • Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.10% last week. In comparison, the values had decreased at a rate of 0.20% per week during the previous four weeks.
  • Among truck segments, Full-Size Van values decreased the most last week.

 

Click here to download the full report.

Views: 20

Comment

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

Join DealerELITE.net

dE Sponsor

Latest Activity

Yogesh Sashi posted a blog post

How to Become a Digital Marketing Consultant

Owing to the extensive technological reforms in the business and industry sector, the demand for…See More
7 hours ago
Tony Provost posted a video
13 hours ago
Crystal Hartwell posted blog posts
20 hours ago
Jeff Cowan's blog post was featured

Write Service Podcast: Episode 55- Are We Too Far Into Technology?

As we come closer to the NADA convention, one of the most discussed topics is technology. Whether…See More
20 hours ago
Black Book posted a blog post

BLACK BOOK AND THE APPRAISAL LANE TEAM UP TO GIVE CONSUMERS THE TRADE-IN EXPERIENCE THEY REALLY WANT

New mobile platform combines market-reflective valuations with cash offers from live experts to…See More
22 hours ago
Jeff Cowan posted a blog post

Write Service Podcast: Episode 55- Are We Too Far Into Technology?

As we come closer to the NADA convention, one of the most discussed topics is technology. Whether…See More
23 hours ago
Cynthia Madison posted blog posts
yesterday
Erik S. Nachbahr posted a blog post

5 Tips to Prevent Phishing Attacks

Phishing is the practice of sending targeted emails designed to lure employees into a number of…See More
yesterday

de sponsor

Get Newsletter

dE Sponsor

© 2019   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service