Falling Fuel Prices and Good Demand Set Pace for 2015

Galves_Dan2

Dan Galves
Edi­tor
Galves Auto Price List

The falling price of fuel and gen­er­al­ly good demand among con­sumers and deal­ers through­out the year pret­ty much set the pace for an unusu­al year in the U.S. used vehi­cle mar­ket. Full-size SUVs and pick-ups showed the most strength in the spring mar­ket and through­out the year – show­ing more sta­bil­i­ty than oth­er seg­ments for the year over­all. The Chevro­let Tahoe SUVs and Sil­ver­a­do pick-ups and com­pa­ra­ble Ford Explor­ers and F150s did not fall at all through the spring and dropped less than 5% depre­ci­a­tion for the year.

Here’s 2015 — The Year in Review from Galves Auto Price List

Euro­pean and Asian Lux­u­ry Vehi­cles Saw Most of the Insta­bil­i­ty in the Mar­ket:
Lux­u­ry SUVs fared bet­ter, per­haps more favor­ably impact­ed by low cost of fuel.

Val­ue of Diesel and Gaso­line Ver­sions of Same Vehi­cle Merged Dur­ing the Year:
How much can be attrib­uted to low fuel prices and how much from spillover from VW diesel sit­u­a­tion is ques­tion­able.

Low Gaso­line Prices Hit Hybrids and SUVs the Hard­est in Used Vehi­cle Val­ues:
Cars like Nis­san Leaf and Chevro­let Volt Were Down 30% to 40% dur­ing the year.

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