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Feb 2018 Car Market Insights

by Diminished Value Car Appraiser on February 27, 2018

Q1 Auction Sales Performing Well

Momentum picking up steam in the early weeks of the spring selling season, with prices rising on Sub-Compact Cars, Compact Cars, and prices unchanged on Mid-Size Cars. The Black Book Retention Index illustrates how recent retention rates on Sub-Compact Cars have made it a good value for buyers.

  • Volume-weighted, overall car segment values decreased by 0.18% last week, much better than the
    average weekly decrease of 0.34% in values over the previous four weeks.
  • Sub-Compact Car segment performed the best among all car segments with values going up by +0.31%
    last week.
  • Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by
    0.21% last week, much better than the average weekly decrease of 0.44% in values over the previous
    four weeks.
  • Small Pickup and Full-Size Pickup segments performed the best among all the truck segments.

Retention trends on Sub-Compact Car segments have declined precipitously over the last three years. With low values
on used vehicles, prices look good in this segment for the tax-refund buyer at this time of the year.


Model Years: 2009-2015, Volume-Weighted Wholesale Average Values, Weekly Change from 2/16/18 to 2/23/18

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