The car segment saw the highest declines of the year during the last week of 2017, according to Black Book’s Jan. 1 Market Insights report.
Courtesy of Black Book.
Courtesy of Black Book.
The car segment saw the highest declines of the year during the last week of 2017, according to Black Book’s Jan. 1 Market Insights report.
Average wholesale values for the overall car segment were down 0.78% last week, compared to 0.41% the week before. Compact, mid-size, and luxury cars led in depreciation at 0.93%, 1.18%, and 0.76%, respectively.
The lowest depreciation among the car segment came from full-size cars, which depreciated by 0.26% last week, a reversal from the 0.65% depreciation the segment registered the week before.
The overall truck segment fared slightly better than it did two weeks ago. Last week, overall truck segment values were down 0.54%, compared to 0.68% the week before. Subcompact and full-size luxury crossovers/SUVs realized the highest depreciation within the truck segment at 1.38% and 0.76% respectively. Meanwhile, small pickups and compact vans experienced the lowest depreciation, with small pickup values seeing no change from the previous week and compact van values falling 0.05%.
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