Article: Weekly Vehicle Depreciation Rates for the week of October 10, 2016.
The truck segments, particularly SUVs and pickups, are beginning to see larger declines after experiencing strong retention so far this year.
Full-Size Van and Full-Size Pickup Values Starting to Drop
- Overall car segment values decreased by 0.57% last week, an improvement than the depreciation rate of 0.66% seen in the previous four weeks.
- Sports Car segment declined the most by 1.20%.
- Prestige Luxury Car declined the most by 0.99%.
- Compact Car segment declined the most by 0.82%.
- Overall truck segment (including pickup, SUVs and vans) values decreased by 0.58% last week, higher than the depreciation rate of 0.43% seen in the previous four weeks.
- Full-Size Van segments declined the most by 1.02%.
- Mid-Size Crossover/SUV segments declined the most by 0.75%.
- Full-Size Pickup segments declined the most by 0.74%.
Full-Size Pickup Retention Rate Trend
As seen in the chart above, the retention rate of full-size pickup trucks has climbed greatly in the past few years until this year when it declined slightly by 2 percentage points. For 2010 model year, the retention in October 2012 was 56%. For 2014 model year, the retention in October 2016 rose to 64%.
Source: weekly-vehicle-depreciation-rates-for-the-week-of-october-10-2016
Weekly Vehicle Depreciation Rates
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Article: Weekly Vehicle Depreciation Rates for the week of October 10, 2016.
The truck segments, particularly SUVs and pickups, are beginning to see larger declines after experiencing strong retention so far this year.
Full-Size Van and Full-Size Pickup Values Starting to Drop
Overall car segment values decreased by 0.57% last week, an improvement than the depreciation rate of 0.66% seen in the previous four weeks.
Sports Car segment declined the most by 1.20%.
Prestige Luxury Car declined the most by 0.99%.
Compact Car segment declined the most by 0.82%.
Overall truck segment (including pickup, SUVs and vans) values decreased by 0.58% last week, higher than the depreciation rate of 0.43% seen in the previous four weeks.
Full-Size Van segments declined the most by 1.02%.
Mid-Size Crossover/SUV segments declined the most by 0.75%.
Full-Size Pickup segments declined the most by 0.74%.
Full-Size Pickup Retention Rate Trend
Model year
As seen in the chart above, the retention rate of full-size pickup trucks has climbed greatly in the past few years until this year when it declined slightly by 2 percentage points. For 2010 model year, the retention in October 2012 was 56%. For 2014 model year, the retention in October 2016 rose to 64%.
