Car segment values continued to drop last week, according to Black Book’s Jan. 21, 2019 Market Insights report.
Overall car segment values declined 0.71% last week, compared to 0.74% the week before.
The highest depreciation within the car segment came from subcompact cars, midsize cars, and near luxury cars, which depreciated 0.95%, 0.93%, and 0.85%, respectively. Premium sporty cars claimed the lowest depreciation of the week at 0.32%.
Meanwhile, car segment values were fairly stable. Overall truck segment values declined 0.58% last week, compared to 0.75% the week before.
Compact vans and small pickups, two segments that performed well through most of 2018, experienced the highest depreciation last week at 1.96% and 1.05%, respectively. Larger vehicles, such as full-size pickups and full-size vans realized the lowest depreciation, at 0.05% and 0.22%, respectively.