Cars and Trucks Saw Nearly Identical Price Declines Last Week

Anil Goy­al
VP of Auto­mo­tive Val­u­a­tion and Ana­lyt­ics
Black Book

A steep price decline in the whole­sale mar­ket last week impact­ed most vehi­cle seg­ments with only a few bright spots in some. Both car and truck val­ue declines were near­ly the same, down 0.63% and 0.62% last week, respec­tive­ly. Cars were on a sim­i­lar trend to that seen over the pre­vi­ous four weeks. Truck val­ues were high­er than the aver­age depre­ci­a­tion rate of 0.35% seen in the pre­vi­ous four weeks.

Read the lat­est edi­tion of Black Book Mar­ket Insights report

Car Seg­ments with Strength Were Upper Mid-Size Car and Pre­mi­um Sporty Car:
Those car seg­ments had declines of only 0.26% and 0.28%, respec­tive­ly.

Com­pact SUV and Mid-Size Pick­up Were Truck Seg­ments Doing Well Last Week:
Com­pact SUVs declined by only 0.07% and Mid-Size Pick­up were down 0.19%.

Jet­ta Diesel and Pas­sat Diesel Have Tak­en Biggest VW Diesel Price Drops:
Down 13.8% and 13.5%, respec­tive­ly since Sept. 18 and start of diesel scan­dal.



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