The average price of a used vehicle from model years 2012 to 2016 depreciated in value by 2.2%, in November, according to Black Book. Year-over-year, the average value for these vehicles has depreciated by 13.2%.
by Staff
December 11, 2017
1 min to read
The average price of a used vehicle from model years 2012 to 2016 depreciated in value by 2.2%, in November, according to Black Book. Year-over-year, the average value for these vehicles has depreciated by 13.2%.
“After steady used car values in October, vehicle values overall decreased slightly in November,” said Anil Goyal, senior vice president of Automotive Valuation and analytics. “Values typically drop slightly around the holiday season as we reach late into the year, especially right before the tax rebate checks begin to spur buying activity in the first quarter.”
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Looking at November from a segment perspective, the car segment saw a higher depreciation of 2.6% while trucks depreciated by 1.8%. The average between the two came out to 2.2%.
Among cars, subcompacts experienced the highest month-over-month decrease in value during November, depreciating by 3.7%. The average price for a vehicle in this segment at the start of December was $6,211.
Meanwhile, small pickups saw a slight month-over-month rise in value of 0.4% and a year-over-year drop in value of 6.8%. Small pickups ended November with an average price of $21,454.
Year-over-year, full-size pickups in the 2012 to 2016 model-year range have realized the least depreciation among all segments. The average price of $24,020 for the segment at the end of November was 4.3% drop from the same time last year.
The 2026 Conference of Automotive Remarketing convened with a mandate to involve a new constituency — fleet managers — and an updated mission to demonstrate unrealized value in de-fleeted vehicles.
The Association, dedicated to advancing the remarketing phase of the vehicle lifecycle, held its kick-off meeting on April 16 at the 2026 Conference of Automotive Remarketing (CAR) in Cleveland.
From a Wall Street analyst's take on remarketing's key players to whether fleets need their own version of Carfax, CAR 2026's afternoon roundtables will answer key operational and industry questions.
A panel at the 2026 Conference of Automotive Remarketing will examine how resale value is created across the vehicle lifecycle and which traditional remarketing practices still deliver ROI.
