Manager, Vehicle Valuation
Kelley Blue Book
Auction values declined a modest 1.2% in June led by declines in values of fuel-efficient vehicles. Pickup trucks saw a good month and were among the best performing segments overall with nearly no depreciation for the month. Values should continue to decline nearly 1% per month through summer.
KBB Expects Fuel Prices to Soften Slightly through Summer Months:
Compact cars declining in prices, and 2012 Hyundai Veloster has best retained value.
Auction Prices for Toyota Tundra and Nissan Titan Up 0.5% and 0.4%:
Redesigned 2014 models may be waning interest in used domestic trucks like GMC Sierra and Chevrolet Silverado.
Compact and Mid-size Luxury Utility Vehicle Leading Industry in Retained Value:
Leading at 72.4% of MSRP, and 4 of 6 luxury segments higher than industry average of 62.5%.