5 Vehicle Segments Retain or Increase Values in March, Black Book Reports
The vehicle valuation firm reported today that the average used vehicle for model years 2011-2015 depreciated slightly 0.6%. Cars overall recorded depreciation of 0.3%, while trucks registered depreciation of 0.8%.
LAWRENCEVILLE, Ga. — The average price of a used vehicle for model years 2011-2015 depreciated by 0.6% in March, Black Book reported today. Cars overall saw depreciation of 0.3% vs. trucks, which registered depreciation of 0.8%. All vehicles are averaging a 12-month depreciation change of 17.9%.
In March, four vehicles, including compact cars, sporty cars, compact vans and full-size vans, increased in value. Leading the way were compact vans, which saw its value increase by 2.1%. Vehicles in this segment, which include the Chevrolet City Express, Ford Transit Connect, Mercedes-Benz Metris, Nissan NV and the Ram C/V, finished March with an average segment price of $9,813, 2.1% increase from February.
On a year-over-year basis, however, compact Vans have depreciated 20.9%.
Full-size crossover/SUVs managed to retain their value. Vehicles in this segment, including the Chevrolet Tahoe, Chevrolet Suburban, Dodge Durango, Ford Expedition, GMC Yukon and the Nissan Armada, ended last month with an average segment price of $25,016, a 14.9% drop from its year-ago price of $29,398.
Prestige luxury cars recorded the highest depreciation of all segments, dropping 3.7% in March. Vehicles in this segment, including the Audi A8, Porsche Panamera, Jaguar XJ, Lexus LS 460, Mercedes-Benz S-Class and the BMW 7-Series, began April with an average segment price of $35,939, a 26.7% decline from last year’s $49,000 price average.
"Vehicle retention values remain relatively stable as we move through the spring season," said Anil Goyal, senior vice president of automotive valuation and analytics. "Perhaps a mostly mild winter helped generate some sales momentum in early spring, and we’re seeing a lot of typical patterns, particularly among car segments, despite much talk of low demand over the past several months.”
More Auto Finance

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 →
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 →
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 →
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 →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Cars a Tad More Affordable
May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.
Read More →
First-Quarter Sees Long Auto Loan Growth
Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.
Read More →
Mastering Credit Friction
In this video, Josh Krach explains how to turn credit friction into an advantage.
Read More →