Weekly Compact Van Wholesale Values Rise

Courtesy of Black Book


 
Courtesy of Black Book

Full-size cars, sporty cars, and compact vans were the only vehicle segments that saw their average wholesale values increase in value last week, according to Black Book’s March 20 Market Insights report.

Respectively, full-size cars, sporty cars, and compact vans saw values increase by 0.05%, 0.28%, and 1.17%. In addition, the full-size vans saw its value stay flat from the week prior.

“The various car segments experienced broad market strength, particularly within compact, mid-size and full-size models. Increased interest from dealers and higher sale percentages were noted in the auction lanes last week,” said Anil Goyal, senior vice president of Automotive Valuation and Analytics.

Overall, the car segment outperformed the overall light truck segment last week. Volume-weighted, the overall car segment saw values decline by 0.17%, compared to 0.31% in the previous week, and the overall truck segment saw values decline by 0.36%, compared to 0.43% the week before.

Following a continuing trend, the worst-performing vehicle in the car segment was the prestige luxury car, which realized a depreciation rate of 0.99%. Similarly, in the truck segment, the worst performing vehicles were mid-size luxury crossovers/SUVs,  compact luxury crossovers/SUVs, and full-size pickups.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Safety Tech: Crash Avoidance or Sensory Overload?

As advanced safety technologies become even more pervasive on mainstream vehicles, are we creating “stupid drivers?"

Own the Fleet, Own the Future

In the dialogue surrounding new transportation paradigms, fleets have been off the public radar until recently. Here’s what’s going on, and a way for you to participate in the conversation.

Car Rental Rates Up, Fleet Sales Down — Correlation?

Car rental companies’ recent fleet discipline is needed now more than ever.

Job Finder: Access Top Talent. Fill Key Positions.

>