For some fleets, a truck’s value does not come up until it’s time for remarketing. But getting the most profit for these assets requires careful planning long before the truck goes up for sale.
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Car and truck segments saw lower overall depreciation rates last week, according to Black Book's Sept. 4 Market Insights report.
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While market watchers agree that Hurricane Harvey's impact stretches beyond Houston-area automotive business, estimates on exactly how many vehicles will need to be replaced vary between half a million and million vehicles, including as many as 18,500 fleet vehicles.
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The car segment saw a week-over-week rise in depreciation while the truck segment saw a lower depreciation rate last week, according to Black Book’s Aug. 28 Market Insights report.
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Subcompact luxury crossovers, compact luxury crossover/SUVs, and mid-size luxury crossover/SUVs posted the highest depreciation within the truck segment, according to Black Book's August 22 Market Insights report.
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Compact vans and small pickups declined the most among truck segments by 1.74% and 1.46%.
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Overall car and truck segments reported better week-over-week retention, according to Black Book’s Aug. 7 Market Insights report.
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After several weeks of relatively stable average wholesale values, the car segment realized a sharp decline in wholesale values last week, according to Black Book’s July 31 Market Insights report.
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Black Book's Used Vehicle Retention Index for July remains unchanged from June at a value of 113. The index has now moved positive or unchanged in three of the last four months.
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Black Book looked at some popular trucks over the years and analyzed their valuations at recent collectible auctions:
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