Mainstream Pickup Values and SUVs Stable

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 the latest valuation trends from this past week, with a handful of truck and SUV segments nearly unchanged from the previous week holding their retention steady. The report also includes the latest Black Book Vehicle Retention Index with the latest trends across all segments.

“Car segments are in a steady depreciation pattern, in line with seasonality. SUVs and pickups (except for luxury) show strong retention,” said Anil Goyal, Executive Vice President, Operations for Black Book.

  • Volume-weighted, overall car segment values decreased by 0.46% last week. In comparison, the market values had decreased by 0.22% on average during the prior 4-week period.
  • In cars, the values of Sub-Compact Cars decreased the most.
  • Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.16% last week. In comparison, the market values were down by 0.07% on average during the prior 4-week period.
  • In trucks, the values of Sub-Compact Luxury Crossover decreased the most.

 

Click here to download the full report.

Views: 29

Comment

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

Join DealerELITE.net

© 2024   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service