Stability in Market Outside of a Few Luxury Segments

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 look at the retention of two-year old vehicles, with particular emphasis on Full-Size and Mid-Size Luxury SUV/Crossovers, which are both seeing diminishing residuals over the last few years. Both saw some of the highest depreciation this past week.

“The used-car market has remained relatively stable overall, however, recognizing consistent weekly trends may keep you ahead of the game… keep an eye on Luxury segments,” said Anil Goyal, Executive Vice President, Operations.


  • Volume-weighted, overall car segment values decreased by 0.3% last week. For comparison, the average decrease for the most recent five weeks is also 0.3%.
  • Among car segments, Near-luxury Cars had the steepest depreciation rate at -0.46%.
  • Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.25% last week. In comparison, the values had decreased on average by 0.2% per week in the previous four weeks.
  • Among truck segments, Mid & Full-size Luxury Crossover/SUVs decreased the most last week.


Specialty Markets

Collectibles: To paraphrase Mark Twain, the reports of the demise of the classic American muscle car have been greatly exaggerated. Although muscle cars’ values declined for about a year or so beginning in the summer of 2016, they have since rebounded and are on a yearlong winning streak.

Recreational Vehicles: The average selling price of motorized units at auction last month jumped by nearly ten percent, which equates to roughly $4,000.   

Powersports: The Powersports market has reached its traditional high point for wholesale values this month, and prices reflect that for most segments. 

Heavy Duty: During June, Heavy Duty Auction activity surged with more buyers and trucks, while the mileage on the trucks continues to increase and the wholesale values continue to decline.

Medium-Duty: In June, Older Units (2007-2014) dropped an overall weighted average of $70 (0.4%), which is $47 less than the adjustment we saw in May. We did not see too much movement in the Older Units at auction from Class 3 through Class 6 in June.


Click here to download the full report.

Views: 36


You need to be a member of to add comments!


dE Sponsor

Latest Activity

Simon Hopes posted blog posts
10 hours ago
Reynalda Lor posted a discussion

Effective Tips to Keep Employees Engaged and Happy in Dealership

Employee engagement means a lot in car dealership business. Engaged employees can make your…See More
14 hours ago
Chris Miller posted a blog post
Scot Eisenfelder posted a blog post
Rob Gehring posted a blog post
Sandy Zannino posted blog posts
Jeff Cowan posted a blog post

Write Service Podcast: Episode 49- Tips for Your Slowest Month

This week, Jeff discusses how to tackle your notoriously slow month (usually December and fourth…See More
Dave Anderson's blog post was featured

Drive Drama-Babies from Your Dealership

There is little that is less productive for a team member to engage in than drama, and to…See More

de sponsor

Get Newsletter

dE Sponsor

© 2018   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service