While depreciation is the biggest fleet expense, there are steps fleet managers can take before purchasing a vehicle, while it’s in the fleet, and when it’s being remarketed that can make this expense manageable.
Read More →
Sub-compact crossovers depreciated the most between the months of June and September, declining 8.8%, which was a 5% decrease from a May to August analysis based on vehicle classes tracked by Black Book.
Read More →
Mid-size car retention rates for model-year vehicles older than two years dropped this year after remaining steady for the previous four years.
Read More →
Rising car depreciation put a drag on used vehicle sales, which fell in value significantly more sharply in August compared to July and August from a year ago, according to Black Book.
Read More →
The values of sub-compact cars have depreciated an average of 24.2% in a year, which ranked at the top of the vehicle classes tracked by Black Book.
Read More →
Sub-compact car retention rates for model-year vehicles older than two years has steadily declined in the month of August in the last five years, with 2014-model year vehicles falling about 30% more than comparable 2010-model year vehicles.
Read More →
The current values of two-year old luxury cars are showing retention trends of more than three percentage points lower than prior year's retention for similar vehicles at this point in their life-cycle.
Read More →
Sub-compact cars faced the heaviest depreciation between the months of May and August, declining 7.4%. This was followed by compact vans, and Luxury Cars, which depreciated by 6.6% and 6.1%, respectively.
Read More →
Used vehicles from the 2011 to 2015 model years depreciated 1.5% in July, a slight improvement over June's 1.7% depreciation rate, reports Black Book.
Read More →
Car segments showed some of the heaviest depreciation of the year entering August with an overall depreciation of 0.62% last week, while values of compact van and sub-compact SUVs of the truck segment declined the most by 1.36% and 1.12% respectively.
Read More →
