Black Book: Used-Vehicle Depreciation Continues Slowdown
For the car segment, wholesale values decreased by 0.56% last week, an improvement over the 0.62% decrease the segment realized the week before. On the truck front, wholesale values decreased by 0.31%, less than the prior week’s depreciation rate of 0.59%.
LAWRENCEVILLE, Ga. — Wholesale values fared well for both cars and trucks during the week following Nov. 18, according to Black Book. Volume weighted, cars realized slightly larger declines in wholesale value than the truck segment; however, both segments experienced depreciation at levels lower than the week prior.
For the car segment, wholesale values decreased by 0.56%, an improvement over the 0.62% decrease the segment realized the week before. On the truck front, wholesale values decreased by 0.31%, less than the prior week’s depreciation rate of 0.59%.
“Sales percentages were reported to have improved slightly last week with both car and truck segment values depreciating less than the trends seen in the recent weeks,” noted Anil Goyal, senior vice president of automotive valuation and analytics for Black Book.
Within the car segment, sub-compact cars, near luxury cars and mid-size cars realized the biggest depreciation hits. The segments saw their values decline by 1.22%, 1.00% and 0.74%, respectively. For trucks, compact luxury crossover/SUVs, mid-size luxury crossover/SUVs, and compact vans experienced the biggest declines. Those segments, according to Black Book, saw values decline by 0.71%, 0.52%, and 0.49%, respectively.
More Auto Finance

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 →
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 →
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 →
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 →
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 →
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 →