NADA: Used-Vehicle Depreciation Slows in June
Depreciation for used vehicles up to eight years old slowed to 1.1 percent in June, substantially less than what has been recorded for the month historically.
McLEAN, Va. — After falling by 2.1 percent in May, depreciation for used vehicles up to eight model years in age slowed to 1.1 percent in June, according to the NAD Used Car Guide’s latest edition of Guidelines.
The decline was substantially less than what has been recorded for the month historically; as a result, NADA’s seasonally adjusted used-vehicle price index jumped to 123.4 from 121.9 in May.
Across all segments, losses for month were predominantly better than in May. This was particularly true for compact and mid-size cars, where depreciation fell from a combined rate of 3.2 percent in May to 1.9 percent in June.
Prices for other segments — including compact and mid-size utilities, mid-size vans, and luxury cars and utilities — fell within a range of 0.6 to 1.2 percent. Prices for large SUVs and pickups remained relatively stable, with movement ranging between plus-or-minus .02 percent.
Used-vehicle prices grew by just 1.5 percent through March, substantially less than 2012’s first-quarter rise of 5.3 percent. According to the NADA, a number of factors contributed to this, including the expired payroll tax holiday. But while prices did not rise as much as they have in years past, they also suffered a less severe second quarter swoon. Declines averaged 1.7 percent over the period rather than the 2 percent figure recorded in 2012.
When combined, vehicles up to eight years in age carried an average price of $15,892 over the first six months of 2013, a figure that’s nearly identical to last year’s midpoint average of $15,910 and almost $600 higher than 2011’s average of $15,294.
At the segment level, there were pronounced shifts: Luxury car and utility prices were 1.8 percent lower than 2012’s mid-year figures, while compact utility and mid-size car prices dropped by 1.5 percent and 1.2 percent, respectively; prices for compact cars slipped by 0.7 percent.
Helping to offset these losses was a substantial 7.7 percent rise in large pickup and SUV prices combined, with respective increases of 1.4 percent and 2.3 percent in mid-size utility and van prices.
In the first quarter of 2013, the volume of vehicles up to eight model years in age dropped by 3.4 percent on a prior-year basis. But the re-ignition of leasing that occurred in 2010 propelled the volume of units between one-to-four years in age up by 9.1 percent over the period.
The NADA’s used supply projections for 2013 have changed little since January, with the firm expecting the supply of units up to eight years in age to decline by 3 percent, while supply for units three years in age is expected to grow by 8 percent.
The NADA Used Car Guide also expects that while growing late model supply will continue to apply downward pressure to used vehicle prices, its effect will be tempered by the fact that volume will remain well below pre-recession levels through at least 2014.
Click here for the July edition of Guidelines.
More F&I

Amplify 2026 Billed as Turning Innovation Into Results
Reynolds and Reynolds says its annual retail summit will connect dealers with practical strategies, peer insight, and technology-driven ideas.
Read More →
Own Your Outcome: F&I in the Digital Customer Journey
Finance has historically been the last step in the car-buying process, but it doesn’t have to be. The customer’s journey starts long before they arrive at the dealership, and so should F&I’s involvement.
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 Lifetime Battery F&I Product Meant to Drive Dealer Traffic
EFG Cos. offering is intended to create lifetime auto dealer engagement with customers.
Read More →
The Psychology Behind Menus That Increase Add-On Sales
There is a science to crafting a menu that gives customers confidence in the choices presented, and moving the process outside the F&I office can further boost results.
Read More →
Why Your F&I PVR Is Misleading You
Here’s a handy checklist of the numbers to track in 2026 instead.
Read More →
Auto Consumer Anxiety Presents Opportunity
A survey of U.S. drivers found the majority are concerned about finances and the economy, but those fears make many ready to buy vehicle-protection products.
Read More →
Humble and Hungry: 12 Rules for an F&I Life
Dustin Gingerich, with a decade in the F&I business under his belt, shares his thoughts on leadership, building trust with customers, and the importance of learning and innovation.
Read More →
Focus on the Opening
F&I managers must learn as much as possible about their customers, starting before they walk into their offices. The bulk of today’s consumers expect that, and good results will follow.
Read More →