728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads
728 x 90 Leaderboard Ads

Small Pickups Show Low Depreciation, Value Gain

THIS POST WAS ORIGINALLY PUBLISHED ON THIS SITE Click Here To Read Entire Article

July 17, 2017

According to Black Book data, the average price of a used-vehicle for model-years 2012-2016 decreased in value -1.3%, slightly more than the -1.2% change in May. Trucks overall decreased -0.8% in value during June. 

In June, Small Pickups had the lowest monthly depreciation at -0.1%. Vehicles in the Small Pickup segment include the Toyota Tacoma, Chevrolet Colorado, GMC Canyon, Nissan Frontier and the Honda Ridgeline. Vehicles in this segment finished June with an average price of $21,328, a -7.3% change from a year ago.

GOYLE

Over the past three months, two segments have shown unchanged value or an increase in overall value: Full-Size Pickups are unchanged, and Small Pickups have gained +0.2% in value.

“Falling gas prices in the month of June resulted in pockets of strength in used vehicle valuations,” said Anil Goyal, Senior Vice President of Automotive Valuation and Analytics. “Pickup trucks and large utilities have been strong so far this year while small cars have continued to drop, but the remainder of 2017 is expected to show differing trends in terms of vehicle retention strength.”

  7/1/2016 6/1/2017 1-Month Change 7/1/2017 3-Month Change 12-Month Change Category $ $ % $ % % All Vehicles 18,357 15,483 -1.30% 15,288 -2.30% -16.70%               Truck 22,444 19,352 -0.80% 19202 -1.70% -14.40%               Domestic Truck 22,018 19,200 -0.70% 19071 -1.00% -13.40% Import Truck 23,245 19,639 -1.00% 19448 -3.00% -16.30%               Compact Van 13,233 10,742 -1.30% 10601 -2.50% -19.90% Full-Size Van 20,680 17,596 -0.90% 17428 -3.40% -15.70% Mid-Size Crossover/SUV 20,976 17,756 -0.90% 17600 -2.30% -16.10% Compact Luxury CUV/SUV 26,887 22,599 -0.80% 22414 -3.40% -16.60% Mid-Size Luxury CUV/SUV 30,762 25,219 -0.70% 25034 -3.00% -18.60% Full-Size Pickup 26,405 24,488 -0.60% 24349 0.00% -7.80% Full-Size Luxury CUV/SUV 46,318 38,401 -0.60% 38187 -2.90% -17.60% Full-Size Crossover/SUV 33,966 29,963 -0.10% 29932 -0.30% -11.90% Small Pickup 23,019 21,347 -0.10% 21328 0.20% -7.30%

SOURCE: BLACK BOOK 

About The Author

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: