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Weekly Vehicle Depreciation Rates

by Appraisal Engine on October 12, 2016

Article: Weekly Vehicle Depreciation Rates for the week of October 10, 2016.

The truck segments, particularly SUVs and pickups, are beginning to see larger declines after experiencing strong retention so far this year.

Full-Size Van and Full-Size Pickup Values Starting to Drop

  • Overall car segment values decreased by 0.57% last week, an improvement than the depreciation rate of 0.66% seen in the previous four weeks.
  • Sports Car segment declined the most by 1.20%.
  • Prestige Luxury Car declined the most by 0.99%.
  • Compact Car segment declined the most by 0.82%.
  • Overall truck segment (including pickup, SUVs and vans) values decreased by 0.58% last week, higher than the depreciation rate of 0.43% seen in the previous four weeks.
  • Full-Size Van segments declined the most by 1.02%.
  • Mid-Size Crossover/SUV segments declined the most by 0.75%.
  • Full-Size Pickup segments declined the most by 0.74%.

Full-Size Pickup Retention Rate Trend

Model year

As seen in the chart above, the retention rate of full-size pickup trucks has climbed greatly in the past few years until this year when it declined slightly by 2 percentage points. For 2010 model year, the retention in October 2012 was 56%. For 2014 model year, the retention in October 2016 rose to 64%.

Source: weekly-vehicle-depreciation-rates-for-the-week-of-october-10-2016


Weekly Vehicle Depreciation Rates


Written by:

Diminished Value of Georgia

Published by:

Diminished Value of Georgia

on

Article: Weekly Vehicle Depreciation Rates for the week of October 10, 2016.

The truck segments, particularly SUVs and pickups, are beginning to see larger declines after experiencing strong retention so far this year.

Full-Size Van and Full-Size Pickup Values Starting to Drop

Overall car segment values decreased by 0.57% last week, an improvement than the depreciation rate of 0.66% seen in the previous four weeks.
Sports Car segment declined the most by 1.20%.
Prestige Luxury Car declined the most by 0.99%.
Compact Car segment declined the most by 0.82%.
Overall truck segment (including pickup, SUVs and vans) values decreased by 0.58% last week, higher than the depreciation rate of 0.43% seen in the previous four weeks.
Full-Size Van segments declined the most by 1.02%.
Mid-Size Crossover/SUV segments declined the most by 0.75%.
Full-Size Pickup segments declined the most by 0.74%.
Full-Size Pickup Retention Rate Trend

Model year

As seen in the chart above, the retention rate of full-size pickup trucks has climbed greatly in the past few years until this year when it declined slightly by 2 percentage points. For 2010 model year, the retention in October 2012 was 56%. For 2014 model year, the retention in October 2016 rose to 64%.

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