Kelley Blue Book
Average auction prices for used 1-to-3 year-old vehicles declined 5.85%, or about $1,000, in Q4 2015. This was an increased drop of 1.83%, or $281, compared to Q3 2015. The accelerated decline in auction values came from increased supply mainly of off-lease vehicles, which drove prices below where they were at the end of 2014. Auction values in Q4 finished a mere $159 below auction values for the same period in 2014 and $88 above 2013 values.
We’ve Come a Long Way Since 2012 When Gas Prices Hit $3 to $4 Per Gallon:
Consumers moving back into larger vehicles, SUVs, and trucks and away from smaller fuel efficient and hybrid vehicles.
Nissan LEAF Up 3% and Best Performing Vehicle Across All Segments:
1–3 year-old vehicles in high-end luxury car and luxury car segments were worst performers.
Honda, MINI, Toyota, Nissan and Scion Top 5 Best Performing Brands:
Toyota Tundra Double Cap best performing among these brands after Nissan Leaf, down 1%.