Your Top Resource for Consignor and Auction News
Search Close Menu

Tag Search Result

Fitch Ratings

Vehicle Depreciation to Reach 17.8% in 2017

The vehicle depreciation rate will reach 17.8% in 2017 on 17 million new-vehicle sales, slightly higher than the 17.3% mark recorded in 2016, according to latest forecast from Black Book and Fitch Ratings. Prior to the Great recession, annual depreciation trended between 16% and 18%.

Vehicle Depreciation to Accelerate in 2015

Last year the depreciation rate on used vehicles reached 12.1 percent, which was lower than the initial forecast. For 2015, depreciation levels are expected to hit 14.5 percent, according to a new report from Black Book and Fitch Ratings.