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Used Vehicle Values

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Used Values Stabilize After Big Drop

Overall, car segment values decreased by 0.41% last week, compared to 0.69% the week before....

Vehicle values were stable last week. Seasonal trends and lower demand have accelerated depreciation higher than where it’s been for most of the year, but this recent week represented an improvement over the market’s performance two weeks ago.

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Used Full-Size Cars, SUVs Hit Hardest This Week

Black Book's weekly valuation report took a closer look at depreciation of full-size cars and...

Full-size cars and SUVs depreciated the most in the past week, as vehicle usage and demand has fallen in recent weeks even in the face of lower gasoline prices, according to Black Book's Nov. 13 Market Insights report.

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Used Truck Prices up 9% Over Last Year

Used truck prices are up month over month and year over year.

Record-setting orders for new Class 8 trucks are apparently not creating a used-truck glut, if used-truck prices are any indication. However, the growth in prices is expected to slow.

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Used Values Returning to Normal Levels

Overall, car segment values were down 0.44% last week, compared to a 0.54% decline the week...

Overall, car segment values were down 0.44% last week, compared to a 0.54% decline the week prior. Truck segment values were down 0.39% last week, compared to 0.37% the week prior.

News

Sedan Wholesale Values Strengthen Through 2018

Prior to 2018, sedans at auction had experienced three years of consecutive value declines. For...

Prior to 2018, sedans at auction had experienced three years of consecutive value declines. For sedan-heavy fleets, this may have meant an impact to total cost of ownership for those vehicles, as profits from remarketing them would have suffered. Now companies with sedan-heavy fleets may be finding that a window of opportunity to remarket those vehicles for better profit has emerged.