As the small crossover segment continued to thrive, sub-compact and compact car values continued their steady decline last week, according to Black Book’s June 5 Market Insights report.
by Staff
June 7, 2017
Courtesy of Black Book.
1 min to read
Courtesy of Black Book.
As the small crossover segment continued to thrive, sub-compact and compact car values continued their steady decline last week, according to Black Book’s June 5 Market Insights report.
Respectively, sub-compacts and compacts saw average wholesale values decline by .88% and .97%, the most out of any vehicles in the car segment. On the other side of the performance spectrum, near luxury and premium sporty cars, experienced the least amount of depreciation.
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Volume –weighted, overall car segment values declined by 0.46% last week, an increase over the 0.32% depreciation seen in the previous four weeks.
“Small cars continued to decline in value at a faster clip while large SUV and pickup truck values remained fairly stable last week,” said Anil Goyal, senior vice president of automotive valuation and analytics.
Volume-weighted, overall truck segment values decreased by 0.08% last week, an improvement over the 0.21% depreciation seen in the previous four weeks.
Among the best performers in the truck segment were sub-compact crossovers and full-size pickups, which saw average wholesale values increase by 0.42% and 0.03%, respectively. Sub-compact luxury crossovers, on the other hand, was the segment’s worst performing vehicles, seeing values fall by 0.71% last week.
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