Free Estimate

Luxury Cars and SUVs Experience Higher Depreciation Rate

by Diminished Value Car Appraiser on October 17, 2017

Luxury Cars and SUVs Experience Higher Depreciation Rate

Market Insights report offers insight into last week’s vehicle retention trends, where a handful of truck segments showed strong retention versus that of cars. What’s more, the report illustrates segment retention strength, with Compact Crossover SUVs showing significant price strength against the rest of the market.

  • Volume-weighted, overall car segment values decreased by 0.50% last week, worse than the average
    weekly decrease of 0.36% in values over the previous four weeks.
  • Sub-Compact Car, Compact Car and Full-Size Car segments performed the best while Luxury Car and
    Premium Sporty Car segments declined the most.
  • Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by
    0.26% last week, worse than the average weekly decrease of 0.15% in values over the previous four
    weeks.
  • Luxury Crossover/SUV generally performed the worst among truck segments.

Comments on this entry are closed.

Previous post:

Next post: