Vans, Pickups, and Compact Cars Outperformed Average Wholesale Market
Van, pickup, and compact car wholesale values stood out last week, amid a fairly stable wholesale market, according to Black Book's Aug. 12 Market Insights report.
Overall truck segment values decreased 0.06% last week, compared to 0.2% over the prior four-week period. Average wholesale values for minivans improved 0.35%; compact van values improved 0.10%; full-size van values improved 0.24%; and full-size pickup values improved 0.17% through the week.
Depreciation among most truck segment vehicles was low — the highest depreciation within the segment came from subcompact, compact, and midsize luxury crossovers/SUVs.
Overall car segment values decreased 0.16% last week, compared to 0.45% during the prior four-week period. The compact car segment increased 0.10% through the week, marking the only car to see an improvement in value. Subcompact cars, luxury cars, and prestige luxury cars saw the highest depreciation at 0.51%, 0.39%, and 0.44%, respectively.
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