Related: Truck Values Fell Hardest in 2017
Cars See Highest Depreciation in Final Week of 2017
The car segment saw the highest declines of the year during the last week of 2017, according to Black Book’s Jan. 1 Market Insights report.
by Staff
January 2, 2018
Courtesy of Black Book.
1 min to read
Courtesy of Black Book.
The car segment saw the highest declines of the year during the last week of 2017, according to Black Book’s Jan. 1 Market Insights report.
Average wholesale values for the overall car segment were down 0.78% last week, compared to 0.41% the week before. Compact, mid-size, and luxury cars led in depreciation at 0.93%, 1.18%, and 0.76%, respectively.
The lowest depreciation among the car segment came from full-size cars, which depreciated by 0.26% last week, a reversal from the 0.65% depreciation the segment registered the week before.
The overall truck segment fared slightly better than it did two weeks ago. Last week, overall truck segment values were down 0.54%, compared to 0.68% the week before. Subcompact and full-size luxury crossovers/SUVs realized the highest depreciation within the truck segment at 1.38% and 0.76% respectively. Meanwhile, small pickups and compact vans experienced the lowest depreciation, with small pickup values seeing no change from the previous week and compact van values falling 0.05%.
More Used Vehicle Values
When Should a Fleet Repair Vehicle Damage Before Remarketing?
Not every dent, scratch, or mechanical issue is worth fixing before selling a fleet vehicle. Learn how to weigh repair costs, resale value, market demand, and downtime to determine when reconditioning pays off and when selling as-is makes more sense.
Read More →
Wholesale Used-Vehicle Values Fall as Cox Automotive Cuts 2026 Forecast
Wholesale used-vehicle prices declined in September as depreciation accelerated, prompting Cox Automotive to lower its year-end forecast.
Read More →
Ford Pro Launches Certified Pre-Owned Program for Commercial Vehicles
Ford Pro Advantage will offer certified pre-owned Class 1-7 commercial vehicles through more than 700 Ford Pro Commercial Vehicle Centers.
Read More →
August New-Vehicle Sales Pace Forecast to Hold Above 16 Million
Despite an expected 8.5% year-over-year decline in August volume, Cox Automotive forecasts a 16.3 million SAAR, with full-size pickups outperforming several major crossover segments.
Read More →
Trade Strategy Now Starts Long Before Turn-In
The strongest trade values aren't built at turn-in. Discover how maintenance, lifecycle planning, and shared risk protect truck resale value.
Read More →
What Happens When Residual Values Meet Real-World Markets
A truck's trade value isn't determined on turn-in day. Learn how market cycles, maintenance, and timing shape the gap between residuals and reality.
Read More →
Manheim Index Shows Used-Vehicle Wholesale Prices Up 2.1% in June
The market is seeing stronger appreciation in older used vehicles this year, and the most affordable segments have been among the year’s best performers.
Read More →
Stop Remarketing Electric Vehicles Like Gas Cars
The advantages and attributes of electric vehicles are upending the traditional remarketing cycle, requiring fleet sellers to rely on new factors and approaches detailed below.
Read More →
Used Vehicle Prices Climb Higher As Sales Pace Slows
The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
Read More →
Wholesale Used Vehicle Market Sustains Moderate Rise In Values, Prices
Trends continue to normalize after a strong start to the year, as consumers contend with higher gas prices in the coming summer months.
Read More →