The Depreciation Index in September 2018 was up +0.5% compared to August 2018, and is up +1.9% over the last twelve months. The Index ratings over the last few months are a clear indication of the weakness that has been present throughout the used vehicle market in 2018.
Depreciation Increased Steeply Last Week
• Volume-weighted, overall car segment values decreased by -0.54% last week. In comparison, the market values had decreased by only -0.16% on average during the prior 4-week period.
• In cars, the Sporty Car segment experienced the biggest drop.
• Volume-weighted, overall truck segment (including pickups, SUVs and vans) values decreased by -0.37% last week. In comparison, the market values had decreased by -0.10% on average during the prior 4-week period.
• In trucks, the Minivan and Small Pickup segments performed the worst.
• In cars, the Sporty Car segment experienced the biggest drop.
• Volume-weighted, overall truck segment (including pickups, SUVs and vans) values decreased by -0.37% last week. In comparison, the market values had decreased by -0.10% on average during the prior 4-week period.
• In trucks, the Minivan and Small Pickup segments performed the worst.
