Used compact and midsize passenger cars held their value better than pickups and cargo vans in April, and overall vehicle depreciation eased due to a strong spring selling season, according to Black Book.
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Car values were up for the second month in a row last week, however, the segment's wholesale values show signs of leveling off, according to Black Book’s May 7 Market Insights report.
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The Jeep Wrangler Unlimited retained the highest percentage of its value after the first year of ownership, according to analysis conducted by ISeeCars.com, a consumer shopping portal for used cars.
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Car values continued to rise last week, marking the seventh week of rising car values, driven in part by the performance of sporty and mid-size cars, according to Black Book’s April 30 Market Insights report.
Read More →Car values continued to rise last week, marking the seventh week of rising car values, driven in part by the performance of sporty and mid-size cars, according to Black Book’s April 30 Market Insights report.
Read More →Overall, average car segment wholesale values were up 0.29% last week, compared to a 0.15% rise the week before. Overall truck segment values depreciated by 0.04% last week, compared to 0.16% depreciation the week before.
Read More →Used cars of all sizes outperformed trucks, vans, and larger SUVs at wholesale auctions in March, Black Book is reporting.
Read More →Overall car segment value increased 0.15% last week, compared to a rise of 0.24% the week before. The main contributing segments to this rise were subcompact cars, compact cars, mid-size cars, and sporty cars. Respectively, these segments saw their values rise by 0.25%, 0.34%, 0.60%, and 0.30%.
Read More →Overall car segment values were up last week, as the value of compact and mid-size cars continues to hold strong, marking the third week of consecutive growth for cars, according to Black Book’s April 9 Market Insights report.
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Many small car segments saw improvements to their average wholesale values through March, however, a dip in values among larger cars resulted in an overall decline to used vehicle values, according to Black Book data.
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