Luxury Segments Show Larger Declines

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 takes a close look at the first twelve weeks of 2016 to determine where each of the car and truck segments are showing heavier depreciation and stronger retention. While much of the depreciation attention over the last twelve months has focused on cars, during the first quarter of 2016 a few truck segments have shown heavier depreciation, including Full-size Luxury Utilities and Full-size Pickups.

 

“Luxury car and SUV segments had relatively poor performance last week while most other car and Crossover/SUV segments showed good week over week retention,” said Anil Goyal,  Senior Vice President of Automotive Valuation and Analytics 

 

  • Volume-weighted, overall car values decreased by 0.17% last week. This is much better than the average depreciation rate of 0.32% seen in the previous four weeks.
  • Full-Size Car and Sub-Compact Car were the only car segments with an increase in value of +0.13% and +0.03%, respectively. Near Luxury Car, Luxury Car and Prestige Luxury Car segments declined by 0.61%, 0.59% and 0.41%, respectively.
  • Volume-weighted, overall truck values decreased by 0.39% last week. This is close to the average depreciation rate of 0.34% seen in the previous four weeks.
  • Sub-Compact Crossover was the only truck segment with an increase in value of +0.21%. Full-size Pickup decline by 0.81%.

 

 

Click here to download the full report

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