Overall car segment values decreased 0.21% last week, compared to 0.13% the week before. Overall truck segment values decreased 0.18%, compared to 0.28% the week before.
Overall car segment values declined 0.13% last week, compared to 0% the week before. Overall truck segment values decreased 0.28% last week, compared to 0.17% the week before.
Subaru earned Kelley Blue Book's award for the mainstream brand category.
Wholesale values saw unusually low depreciation last week, according to Black Book’s Jan. 21 Market Insights report.
Wholesale values as of the second week of the new year are holding stable, which is the inverse of the heavy depreciation that late 2019 saw.
Black Book’s Used Vehicle Retention Index for December 2019 registered 113.3, representing a 0.7 point decline from the month before.
Overall car segment values decreased 0.26% last week, compared to 0.68% the week before. Overall truck segment values decreased 0.44% last week, compared to 0.71% the week before.
The outlook for the 2020 used market is positive, at least according to three remarketers from three fleet management companies.
Five of the most widely used vehicle segments among light-duty fleets saw relatively low depreciation in 2019.
The wholesale market experienced above average depreciation last week, but there is the sentiment among remarketers that values may begin to stabilize soon.
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