Vehicle depreciation is impacted by a number of factors, from supply and demand to overall economic conditions. While 2015 was relatively stable for depreciation, some challenges are on the road ahead.
Full-size cars finished January with the strongest retention value in a month that saw used vehicles depreciate 1.2 percent, according to Black Book's monthly report.
Compact SUVs and cargo minivans paced a strong April for remarketers, as used vehicles from the 2008-2012 model years rose 0.9 percent in value in a month that's typically one of the strongest of the year for auctions.
The used-vehicle market has always been driven by supply and demand. In the 2013 calendar-year, vehicle supply in the wholesale market continued to be tight relative to demand, helping bolster resale values.
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