Compact Vans See Highest Weekly Depreciation

Courtesy of Black Book.
Courtesy of Black Book.

Sporty cars and compact vans saw the heaviest depreciation last week, according to Black Book’s Nov. 27 Market Insights report.

Compact vans claimed the highest depreciation among the 22 vehicle segments that Black Book tracks with a depreciation rate of 1.31%. Among cars, the sporty car segment saw the heaviest drop in average wholesale value, as its average values fell by 0.82%.

Overall, car segment values decreased by 0.48% last week, compared to 0.67% the week before. Overall truck segment values remained nearly unchanged, falling 0.49% last week compared to 0.50% the week prior.

The steep depreciation that the compact van segment experienced last week was a noticeable reversal from the week before, when the segment saw the lowest depreication among all vehicles. This week, the star performers within the truck segment are subcompact crossovers and small pickups, which experienced essentially no change in value from the previous week. 

Within the car segment, near luxury car values fell by 0.16%, the lowest drop among all cars and a reversal from the 0.89% drop in value the segment experienced the week prior.

Comment On This Story

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

Market Forces Driving Car Rental in 2018

An analysis of the conference calls of Avis Budget Group and Hertz Global Holdings reveal trends and initiatives involving fleet right sizing, pricing, ancillary revenue opportunities, and renting to ride-hailing drivers.

Trends Moving the Truck Market

Storylines that emerged from the 2018 Work Truck Show include the increasing need for on-site productivity, inclusion of active safety systems in trucks, DPF frustrations affecting product decisions, data management, and the growing link between fleet management and company revenue.

MIT Study Reinforces the Newfound Importance of Fleet

Uber and Lyft drivers make far less when factoring vehicle expenses, though the actual numbers are now in dispute. A proper lifecycle cost analysis would’ve helped, and shows the benefit of collaboration with fleet professionals.

Job Finder: Access Top Talent. Fill Key Positions.