Senior VP of Automotive Valuation and Analytics
Two vehicle segments that have shown stark contrast in vehicle value retention trends have been large SUVs versus small cars. Full Size Crossover/SUVs are retaining value better than levels seen in last 10 years, while Compact Cars are on the decline after reaching a peak in 2013. Remarketers have seen overall stable conditions at auctions with bad weather having some effect.
Sub-Compact Cars Started to Show Strength with Tax Season Approaching:
In addition, most crossover/SUV segments remain relatively strong in the market.
All Car Segments Except Sub-Compact Cars Declined in Value:
Car values declined by 0.47% last week, which is close to 0.44% average in recent weeks.
On Truck Side, Sub-Compact Crossover Segment Declined the most at 2.04%:
Full-Size Crossover/SUV and Compact Van segments experienced an increase.