Kelley Blue Book
After reaching peak in April 2014, used-car auction values dropped $130 on average through month of May, signaling start of seasonal declines. Seasonal declines were no surprise, but used vehicles maintained values longer over past two months than they had during those months in 2013 and 2012. Average used vehicle value was 4.2% higher than 2013 and 2.7% higher than 2012.
Chevrolet Cobalt and Chevrolet HHR Have Had Notable Ignition Switch Recall:
Both vehicles have been maintaining their values despite negative press over recall.
Full-Size Truck Values Continued Increase in May – Up 7% Over May 2013:
Relatively stable gas prices helping support appreciation of full-size truck segment.
Full-Size Pickups Top Price Performer Over April – Up 1.9%:
Followed by High Performance, Van, Compact Luxury Car, and Mid-Size Pickup segments.