Tagged Depreciation

Used Cars Outperforming Trucks at Auction

Used cars of all sizes outperformed trucks, vans, and larger SUVs at wholesale auctions in March, Black Book is reporting.

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Small Cars Values Continue to Rise for Fourth Week

Overall car segment value increased 0.15% last week, compared to a rise of 0.24% the week before. The main contributing segments to this rise were subcompact cars, compact cars, mid-size cars, and sporty cars. Respectively, these segments saw their values rise by 0.25%, 0.34%, 0.60%, and 0.30%.

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Wholesale Car Values Rise for Third Consecutive Week

Overall car segment values were up last week, as the value of compact and mid-size cars continues to hold strong, marking the third week of consecutive growth for cars, according to Black Book’s April 9 Market Insights report.

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Wholesale: Used Car Values Diverge in March

Many small car segments saw improvements to their average wholesale values through March, however, a dip in values among larger cars resulted in an overall decline to used vehicle values, according to Black Book data.

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Weekly Wholesale Car Values Rise Again

Average wholesale car values were up last week, representing the second consecutive week of growth for cars, according to Black Book’s April 2 Market Insights report.

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March Wholesale Buyers Continuing to Favor Small Cars

Car segment values continued to thrive last week, as nearly all vehicles within the segment saw growing consumer demand, according to Black Book’s March 26 Market Insights report.

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Car Values Hold Strong as March Demand Grows

Overall, average wholes car values were essentially flat last week, down 0.01%, compared to 0.14% the week before. Had it not been for luxury vehicles the car segment would have seen a week-to-week rise in average wholesale values.

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Used Vehicle Prices Begin to Normalize: Manheim

Wholesale used vehicle prices were flat in February, halting three months of declines, according to Manheim’s Used Vehicle Value Index.

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Auction Values: Spring Selling Boosts Used Cars

The average price of two- to seven-year-old vehicles depreciated less sharply than expected in February due to "a spirited start to the spring selling season" that has boosted prices for used passenger cars, according to Black Book.

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Used Cars Continue to Thrive at Auctions

For the sixth week in a row, the car segment has realized lower depreciation than the truck segment, according to Black Book’s March 12 Market Insights report.

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