Black Book Lists Top Vehicle Segment Resale Value Drops In 2012
GAINESVILLE, GA - Black Book released a list of the top 5 vehicle segment resale value drops for 2012 in its car and truck segment categories. The Near Luxury Car and Full Size Van Cargo segments saw the largest drops during the first half of the year.
GAINESVILLE, GA – Black Book released a list of the top 5 vehicle segment resale value drops for 2012 in its car and truck segment categories. These changes are in line with Black Book's forecast of falling resale values from earlier this year.
The two biggest segment drops for the first six months of 2012 are the Near Luxury Car and Full-Size Van Cargo categories, at -5.7% and -6.2% respectively. The table below shows the percentage drops, and average value, for each of the categories between Jan. 6 and July 6, 2012.
“Several factors have led to these price declines at the wholesale level, including more trade-ins adding to used inventory,” said Ricky Beggs, analyst at Black Book. "Seasonality is also in play here as we're seeing adjustments ahead of the new 2013 model year."
Black Book Segments | ||
|---|---|---|
Car Segment | Jan. 6 Value | July 6 Value |
Near Luxury Car | $11,696 | $11,025 (-5.7%) |
Luxury Level Car | $15,007 | $14,163 (-5.6%) |
Prestige Luxury Car | $24,839 | $23,658 (-4.8%) |
Premium Sporty Car | $37,948 | $36,578 (-3.6%) |
Full-Size Car | $8,341 | $8,030 (-3.2%) |
Truck Segment | ||
Full-Size Van Cargo | $10,246 | $9,609 (-6.2%) |
Mini Van Cargo | $4,940 | $4,640 (-6.1%) |
Luxury SUV | $26,233 | $24,785 (-5.5%) |
Full-Size Van Wagon | $10,410 | $9,856 (-5.3%) |
Mini Van Wagon | $7,948 | $7,584 (-4.6%) |
More Remarketing
Used Vehicle Prices Climb Higher As Sales Pace Slows
The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
Read More →
Wholesale Used Vehicle Market Sustains Moderate Rise In Values, Prices
Trends continue to normalize after a strong start to the year, as consumers contend with higher gas prices in the coming summer months.
Read More →
Commercial Fleet Sales Still Lead Sectors Despite May Mini Dip
The U.S. economy's continued growth and positive business investment are creating a favorable environment for fleet vehicle demand.
Read More →
How Connected Vehicle Data Is Lifting Fleet Resale Values
A vehicle health score could improve the value of fleet vehicles at remarketing. The path to a universal standard is forming, and fleets that understand the process early will be better positioned when it arrives.
Read More →
Wholesale Used Vehicle Prices Slightly Up In April
The Iranian conflict and rising gas prices inject much uncertainty into the future wholesale used vehicle markets, as higher gas prices soak up spendable income from vehicle buyers.
Read More →
CAR2026: James McKinley Wins Value Champion of the Year
James McKinley of City Rent a Truck was named the inaugural Fleet Value Champion at the CAR Conference for his data-driven approach to fleet lifecycle management and vehicle remarketing.
Read More →
CAR2026: Eric Autenrieth Wins Remarketer of the Year
Eric Autenrieth was recognized at this year's CAR Conference as the Remarketer of the Year.
Read More →
CAR2026: Lawrence Knapp Wins Consignor of the Year
Lawrence Knapp won the Cosigner of the Year award at this year's CAR Conference.
Read More →
2026 CAR Awards Celebrate Industry Excellence
CAR’s annual Fleet Remarketing Awards opened a reimagined 2026 conference designed to bridge the worlds of fleet management and automotive remarketing.
Read More →
Inside the CAR2026 Awards: Leaders, Legacy & What’s Next
Here's a look inside the awards ceremony at the CAR Conference, where industry leaders reflected on the growth, impact, and future of automotive remarketing.
Read More →