Automotive
Used Car Depreciation Slows Again
The used car market is a lot of things, but boringly predictable doesn’t seem to be one.
5 Minutes of Fresh Perspective
Reading the daily news doesn't have to suck. Get the email that will make you laugh and keep you informed...for free!
Depreciation has slowed for another week in a row. Many segments had small value declines, while some even increased value. Here are some points from Black Book's Market Insights.
- Mid and full-size cars had the smallest declines, with -0.12% and -0.14%, respectively.
- Sports Car values increased for the third week in a row by +0.12%
- Overall truck value decreased by -0.23%, which is slower than the previous week's -0.50% depreciation.
- Compact Crossovers rose +0.14%, the first increase since June 2022.