Reporting shows how cars overall held better retention than trucks this past week, with Sporty Cars again increasing slightly. The report also shows the latest two-year retention trends for Compact Cars, which have actually remained stable compared to last year.
The used vehicle market values remain unusually strong. The depreciation rates last week were the lowest in eight weeks.
Minivans and Compact Vans See Improved Values
Volume-weighted, overall car segment values decreased by just 0.09% last week. In comparison, the values had decreased at a rate of 0.30% per week during the previous four weeks.
Among car segments, Prestige Luxury Car values decreased the most last week.
Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.19% last week. In comparison, the values had decreased at a rate of 0.28% per week during the previous four weeks.
Among truck segments, Full-Size Crossover/SUV values decreased the most last week.