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The rate of depreciation among car segments continued to accelerate last week, particularly among mid-size, full-size, and subcompact cars, according to Black Book’s May 29 Market Insights report.
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As the market approaches the tail end of the spring season, wholesale values for both cars and trucks are on the decline, according to Black Book’s May 22 Market Insights Report.
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Used vehicles increased 0.4% in value in April, as buyers boosted the value of smaller cars, which have begun to shrug off several years of heavier declines, according to Black Book.
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Used vehicle values increased slightly in April as tracked by Black Book's Used Vehicle Retention Index that measures values of 2- to 6-year old vehicles, according to the company.
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Wholesale market values remain healthy as overall car values continue to increase and truck values remain flat, according to Black Book’s April 25 Market Insights report.
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High vehicle demand delivered strong showings across nearly all vehicle segments in the past week, according to Black Book’s April 17 Market Insights report.
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Both cars and trucks realized a healthy seasonal boost to wholesale performance last week, according to Black Book’s March 27 Market Insights report. Depreciation among light trucks was at one of the lowest levels seen all year, and the overall car segment actually saw wholesale values appreciate.
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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.
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Two- to six-year old vehicles depreciated 0.8% in February, with trucks and vans showing relative strength, while luxury and sporty cars again fell hardest, especially when compared to year-ago values, according to Black Book.
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The truck segment outperformed cars and luxury car depreciation rates remained high last week, according to Black Book’s Feb. 20 Market Insights report.
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