Fleet data collected in 2019 found that depreciation expenses for most vehicles went down in 2019.
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Over the past four years vehicle depreciation rates have remained below 14% for two- to six-year old vehicles, but that is anticipated to change for 2016. In 2016, depreciation rates are expected to climb to 15%. Further analysis of the market shows how cars, SUVs, and trucks fared in 2015.
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The used-vehicle market has always been driven by supply and demand. In the 2013 calendar-year, vehicle supply in the wholesale market continued to be tight relative to demand, helping bolster resale values.
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GAINESVILLE, GA – according to Ricky Beggs, VP and managing editor of Black Book, gasoline prices at the pump made the biggest week over week change over the last week.
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