Mainstream Cars, Crossovers, and Pickups Retain Strength

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 price trends that show mainstream vehicles maintaining decent retention even though the spring strength has disappeared. In fact, the recent trend highlights that all luxury vehicle segments declined in value, whereas all mainstream vehicles show increased demand reflecting higher values over the last month.

“The spring market uptrend is over but prices remain stable. The late-model and lower-priced vehicles have the strongest demand,” said Anil Goyal, Executive Vice President, Operations for Black Book.

  • Volume-weighted, overall car segment values decreased by just 0.17% last week. In comparison, the market values had increased by 0.02% on average during the prior 4-week period.
  • In cars, the values of highline vehicles i.e., Luxury Cars, Prestige Luxury Cars, and Premium Sporty Cars decreased the most.
  • Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by just 0.01% last week. In comparison, the market values were up by 0.04% on average during the prior 4-week period.
  • In trucks, the values of Full-Size Pickups increased the most, by 0.19%.

 

Click here to download the full report.

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