FI showroom red and grey logo
MenuMENU
SearchSEARCH

Black Book: Used Values Decline for Fifth Straight Month

Black Book’s Used Vehicle Retention Index registered at 113.6 in April, 1.4% higher than it was a year ago but 0.2% lower than in March.

May 6, 2019
Black Book: Used Values Decline for Fifth Straight Month

Retained values for pre-owned compact CUVs such as the 2017 Mazda CX-5 improved by 1.1% in April, one of only three categories to grow by 1% or more in a discouraging April report from Black Book.

Photo courtesy Mazda USA

2 min to read


LAWRENCEVILLE, Ga. — Used-vehicle valuation and residual value forecast provider Black Book (div. Hearst) reported its Used Vehicle Retention Index fell to 113.6 in April, a -0.2% change from March. Despite the index now falling for five straight months, it is still 1.4% higher than the 112.0 registered a year ago.

A total of 14 segments finished the month in positive change territory, led by premium sporty cars (up 1.4%), full-size vans (1.2%), and compact crossovers (1.1%).

Ad Loading...

The index has dropped each month since November, reflecting a late start to the spring selling season, analysts said. SUVs and luxury vehicles showed the largest declines in March. Market share changes reflect a continued shift away from cars and toward more SUVs and light trucks.

“That the index has declined for five straight months and it is still slightly higher than where it was a year ago is a testament to the sheer strength in the market we saw throughout 2018,” said Anil Goyal, Black Book’s executive vice president of operations. “Much of the 2018 activity was spurred by economic strength, resulting in significant demand for affordable used sedan values. It will be difficult to replicate that activity over the remainder of 2019.”

The Black Book Used Vehicle Retention Index is calculated using Black Book’s published Wholesale Average value on two- to six-year-old used vehicles, as percent of original typically equipped MSRP. It is weighted based on registration volume and adjusted for seasonality, vehicle age, mileage, and condition.

To read the April report in full, click here.

More Auto Finance

Paper money, car key fob and calculator
Auto Finance•by Hannah Mitchell•September 14, 2026

More Auto Loans for the Taking in August

Riskier categories were on the uptick for the month as lenders loosened access in several areas while balancing out the exposure in another, Cox Automotive reported.

Read More →
A fan of $100 bills sitting on a white envelope
Auto Finance•by Hannah Mitchell•August 12, 2026

July Was Hot for Auto Borrowers

Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.

Read More →
stacks of coins, a calculator, paperwork, and a pair of glasses in the background, text Lender Experience Drives Dealer Decisions, F&I and Showroom
Auto Finance•by Lauren Lawrence•August 12, 2026

Dealer Lender Preferences Revealed

When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.

Read More →
Ad Loading...
man sitting at desk using a calculator
Auto Finance•by Lauren Lawrence•August 10, 2026

Auto Refi Savings Surge

Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.

Read More →
Tiny toy car in front of small stacks of coins
Auto Finance•by Hannah Mitchell•August 5, 2026

Subaru Enters Lending Business

The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.

Read More →
Man climbing ladder in front of mountain landscape.
Auto Finance•by Lauren Lawrence•August 3, 2026

Positive Equity Reaches Record High

Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.

Read More →
Ad Loading...
Photo of document next to calculator and inkpen
Auto Finance•July 20, 2026

Dealerships Are Paying the Price for Extended Car Loans

Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.

Read More →
silver car in background with hand in front holding out a set of keys, Trade-In Trouble, F&I and Showroom
Auto Finance•by Lauren Lawrence•July 20, 2026

Trade-Ins in Negative Equity Reach New Heights

As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.

Read More →
Two men in suit jackets shaking hands in front of a new-looking white vehicle
Auto Finance•by Hannah Mitchell•July 15, 2026

Auto Credit Plentiful

June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.

Read More →
Ad Loading...
Woman's hands holding an wallet empty of cash
Auto Finance•by Hannah Mitchell•July 1, 2026

Automotive Consumers Sink Further in Debt

Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.

Read More →