Wholesale luxury car and compact van values declined during a week where overall depreciation remained fairly stable, according to Black Book's Feb. 25 Market Insights report.
Prestige luxury car values declined 0.84% last week, compared to a 0.19% decline the week prior. Luxury and near luxury cars saw similar declines at 0.66% and 0.70%.
The subcompact car segment also struggled last week, with values falling 0.66% last week, compared to 0.03% the week prior.
Sporty cars emerged as the strongest performer within the car segment, falling 0.05% in value last week, compared to 0.61% the week prior.
Overall, car segment values decreased 0.43% last week, compared to 0.37% the week prior.
Compact vans realized the highest depreciation among all vehicles last week, as wholesale values for the segment decreased 1.46% last week. This comes off of multiple weeks of stable values for the vehicle segment.
This week, full-size vans saw stable values, as values for the segment remained unchanged from the week before.
Overall, truck segment values decreased 0.40% last week, compared to 0.38% the week prior.