A strong retail market has led to fewer no sales and stable wholesale prices, according to Black Book’s July 23 Market Insights report.
Overall, car segment values decreased 0.30% last week, compared to 0.27% the week before. Overall truck segment values decreased 0.28%, compared to 0.34% the week before.
Within the car segment, subcompact, full-size, and premium sporty cars had the best showing through the week, as values for the respective segments increased by 0.10%, 0.11%, and 0.02% compared to the week prior.
Compact experienced the heaviest depreciation, dropping 0.68% in value compared to the week before.
Compact and full-size vans had the strongest showing within the truck segment; values for vans were up 0.04% compared to the week before, while full-size van values were up 0.07% compared to the week before.
Meanwhile, full-size luxury crossovers/SUVs experienced a 0.73% depreciation rate last week, the highest among all truck segment vehicles.