Compact Crossovers depreciating the most out of cars and trucks last week. The vehicle category dropped -1.18% in value. The report also illustrates how much incentives have been rising lately.
Cars continued to depreciate at a steady rate while most SUV segments did better in the second week of the year. Generally, activity was reported to be slow in the auto auctions.
Sub-Compact Crossovers Weak in Holding Value
- Volume-weighted, overall car segment values decreased by 0.63% last week, similar to the average
weekly decrease of 0.61% in values over the previous four weeks. - Full-Size Car, Sub-Compact Car, and Sporty Car segments decreased in value the most among all the
car segments. - Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by
0.39% last week, better than the average weekly decrease of 0.63% in values over the previous four
weeks. - Sub-Compact Crossover, Full-Size Van, and Minivan segments decreased in value the most among all
the truck segments
