Last Week Sees Strongest Car and Truck Values for this Season

Anil Goy­al
VP of Auto­mo­tive Val­u­a­tion and Ana­lyt­ics
Black Book

Tax sea­son buy­ing and sell­ing activ­i­ty appears to be at a high point, with strong lev­els of change from both the cars and trucks. Entry-Lev­el Cars, Entry-Mid­size Cars, and Upper Mid-size Cars showed strength, while Com­pact SUVs and Full-size Pick­ups out­per­formed for truck seg­ments. Entry-Lev­el cars got anoth­er look by deal­ers, see­ing the biggest increase among all seg­ments at +0.73% last week. Com­pact SUV and Full-Size Pick­up also saw strength with increas­es of +0.68% and +0.54%, respec­tive­ly.

Check out Black Book’s lat­est Mar­ket Insights Report

Over­all, Vol­ume-Weight­ed Car Val­ues Increased by +0.05% Last Week:
Extend­ing price per­for­mance mar­ket strength to five con­sec­u­tive weeks.

Vol­ume-Weight­ed Truck Val­ues Stronger than Cars, Up by +0.15% Last Week:
Entry-lev­el cars did very, see­ing biggest increase of all seg­ment at +0.73% last week.

Vehi­cle Seg­ment Mar­kets Con­tin­ue to Show Broad Strength Across the Board:
Both car and truck val­ues appre­ci­at­ed last week in the strongest week this sea­son.


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