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Summer Lane Activity a 'Mixed Bag' for Most

LC Hammer
Posted by LC Hammer on Aug 4, 2017 9:14:48 PM

In a recent report, Black Book noticed that some cars and trucks produced a “widening” gap in strength with compact vans and luxury cars generating price gains. But editors also found that several other segments saw “larger-than-normal” depreciation on the week.

According to volume-weighted data, Black Book reported overall car segment values decreased by 0.36 percent last week, higher than the average weekly decrease of 0.27 percent in values seen over the previous four weeks.

Editors indicated the compact car, midsize car and full-size car segments declined the most by 0.87 percent, 0.45 percent and 0.37 percent, respectively.

Looking again at that volume-weighted data, Black Book determined overall truck segment values — including pickups, SUVs and vans — softened by 0.23 percent last week, a bit above the average weekly decrease of 0.14 percent in values over the previous four weeks.

Compact van was the best performing truck segment while the full-size luxury crossover/SUV segment declined the most.

Read entire report on AutoRemarketing.com

Topics: Car Sales, auction, markets reports, used cars, Industry News, Used Car Business

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