Wholesale compact van values experienced the biggest decline at auction last week, depreciating 1.03% week-over-week.
Wholesale compact van values experienced the biggest decline at auction last week, depreciating 1.03% week-over-week.
Photo courtesy of Black Book.
Wholesale compact van values experienced the biggest decline at auction last week, according to Black Book’s Nov. 5 Market Insights report.
Week-over-week, average wholesale compact van values were down 1.03% last week, compared to the 0.13% depreciation the segment had experienced the week prior.
The truck segment as a whole, however, remained flat compared to the week prior. Overall truck segment values declined 0.48%, compared to the same percentage a week ago.
The strongest-performing truck segments last week were subcompact luxury crossovers, mid-size luxury crossovers/SUVs, and small pickups, which experienced 0.07%, 0.1%, and 0.09% depreciation, respectively.
Similarly, overall car segment values also saw little change compared to the week before. Overall car segment values were down 0.6% last week, compared to 0.69% the week prior.
Full-size and mid-size cars were the weakest segments through the week, as the two segments experienced 0.81% and 0.74% depreciation, respectively.
The strongest performer within the car segment was the subcompact car segment, which realized 0.23% depreciation last week, the lowest among all cars.
“Used car depreciation rates are now showing normal patterns for this time of the year after strong retention in the summers,” said Anil Goyal, executive vice president, operations for Black Book.
While EV sales declined, used EV sales grew, as tighter inventory and rising prices reflected a more normalized pace for the EV market.
Read More →
The Iranian conflict and rising gas prices inject much uncertainty into the future wholesale used vehicle markets, as higher gas prices soak up spendable income from vehicle buyers.
Read More →
The second half of CAR 2026 examined how fleets can translate lifecycle strategy, vehicle data, and market shifts into higher real-world results.
Read More →
The 2026 Conference of Automotive Remarketing convened with a mandate to involve a new constituency — fleet managers — and an updated mission to demonstrate unrealized value in de-fleeted vehicles.
Read More →
Franchised and independent dealers had a total of 1.95 million used vehicles in stock in March, the lowest on record in the current data set.
Read More →
Demand signals remain strong at auctions, with sales conversions, a clear sign of demand, reaching 68.2% in the most recent measure.
Read More →
From a Wall Street analyst's take on remarketing's key players to whether fleets need their own version of Carfax, CAR 2026's afternoon roundtables will answer key operational and industry questions.
Read More →
Work trucks lose value at remarketing, not because they aren't worth more, but because the data to prove it rarely makes it to the auction.
Read More →
New EV sales declined year over year in February while used EV demand rose, as prices fell and inventory tightened across both segments.
Read More →
A panel at the 2026 Conference of Automotive Remarketing will examine how resale value is created across the vehicle lifecycle and which traditional remarketing practices still deliver ROI.
Read More →
