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The main factor driving depreciation rates will be rising used vehicle supply, varying by vehicle segments.
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Depreciation rates on used vehicles are nearing levels not seen since the recession, though the trend will soon reverse and likely lead to marginally higher losses.
Read More →GAINESVILLE, GA - The rise in gasoline prices have been positive for 60 percent of the used-car segment types. On the other hand, the trucks overall have not been adversely affected.
Read More →With all of the changes and the number up and down the overall dollar change week over week is a decline of -$103. But, even with the level of changes today, there is still a pretty solid and active market within the wholesale channels.
Read More →Overall values for car segments that Black Book tracks were up marginally on average, however, a majority of the individual segments reported lower values.
Read More →Continuing last weeks trend, the depreciation rate for car and truck segments slowed down during the week of Nov. 4, and prestige luxury cars continued to lead cars with the lowest wholesale values of the segment. New to this week, however, were compact vans showing the lowest wholesale values across both segments with a 2.18% drop, which had rested at 0% the previous week.
Read More →Both the car and truck segments experienced an overall reduction in depreciation during the week of Oct. 28. Overall truck wholesale values decreased by 0.58% during that week, compared to 0.76% the week before. For cars, overall wholesale values decreased by 0.53%, compared to 0.80% the previous week.
Read More →Overall car segment values increased 0.12% last week, compared to 0.24% the week before. Overall truck segment values increased 0.06%, compared to 0.16% the week before.
Read More →Used vehicles from one to five years old fell 1.4% in value in October in a steady used-vehicle market that showed significant improvement from a year ago with large pickups leading the way, reports Black Book.
Read More →Used-vehicle depreciation improved toward the end of 2013, and vehicles depreciated 12.8 percent in the year, a slight pullback from the 12.4 percent depreciation in the previous year, reports Black Book.
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