Black Book Says SUVs Showed Strongest Retention During July and Cargo Minivans Saw Biggest Drop
SUVs, including the Compact, Full-size, Luxury, and Mid-size categories, made up four of the top seven best-performing vehicle segments for the month, according to a new report from Black Book.
Used-vehicle from model-years 2007 through 2011 depreciated 1.4 percent overall in July, and all four segments of SUVs, including Compact, Full-size, Luxury, and Mid-size, made up four of the top seven best-performing vehicle segments for the month, according to a new report from Black Book.
The Compact SUV segment had the strongest month for retention values, according to Black Book, with values increasing 1.3 percent during the month. Vehicles in this segment include the Jeep Wrangler and Nissan Xterra. The average segment values at the end of July were $15,795, a -4.0% change from the same time last year, when it was $16,460.
Cargo minivans, on the other hand, saw the largest monthly depreciation, falling 3.4 percent. Vehicles in this segment include the Dodge Caravan, Ford Freestar, Dodge Grand Caravan, Ford Transit Connect, and Chevrolet Uplander. Average segment values at the end of July were $9,240, which is a -12.7 percent change from the same time last year, when the value was $10,588.
Other notable categories for the month of July included the car segment, which saw the largest depreciation change at -2.6 percent in the Upper Mid-size cars segment. Vehicles in that segment include the Honda Accord, Nissan Altima, Toyota Camry, Dodge Charger, Ford Taurus, and the Kia Optima. The average value was $10,349, which is a 17.6 percent drop from the price a year ago, which was $12,556.
Following is a chart that shows the complete breakdown for the month of July, according to Black Book:
Bodystyle | 8/1/2012 | 7/1/2013 | M Chg | 8/1/2013 | 12M Chg |
|---|---|---|---|---|---|
[$] | [$] | [%] | [$] | [%] | |
All Vehicles | $20,166 | $17,696 | -1.40% | $17,455 | -13.40% |
Domestic | $14,093 | $12,083 | -1.50% | $11,901 | -15.60% |
Dom. Trk | $17,177 | $15,825 | -1.40% | $15,610 | -9.10% |
Import | $22,157 | $18,991 | -1.40% | $18,727 | -15.50% |
Imp. Trk | $22,979 | $20,214 | -1.30% | $19,952 | -13.20% |
Compact SUV | $16,460 | $15,595 | 1.30% | $15,795 | -4.00% |
Compact Pickup | $15,611 | $14,956 | 0.00% | $14,949 | -4.20% |
Full-Size Pickup | $23,143 | $22,205 | -0.80% | $22,035 | -4.80% |
Premium Sporty Car | $49,590 | $42,551 | -0.90% | $42,152 | -15.00% |
Full-Size SUV | $21,066 | $19,053 | -1.00% | $18,871 | -10.40% |
Luxury SUV | $36,772 | $32,330 | -1.10% | $31,981 | -13.00% |
Mid-Size SUV | $18,710 | $16,934 | -1.20% | $16,732 | -10.60% |
Near Luxury Car | $17,442 | $15,021 | -1.30% | $14,832 | -15.00% |
Full-Size CUV | $23,890 | $20,153 | -1.30% | $19,896 | -16.70% |
Sporty Car | $21,772 | $19,008 | -1.30% | $18,764 | -13.80% |
Luxury Level Car | $23,804 | $20,769 | -1.30% | $20,497 | -13.90% |
Prestige Luxury Car | $38,970 | $32,814 | -1.30% | $32,382 | -16.90% |
Compact Car | $10,475 | $8,765 | -1.40% | $8,644 | -17.50% |
Mid-Size Pickup | $16,351 | $15,630 | -1.40% | $15,413 | -5.70% |
Mid-Size CUV | $20,751 | $17,985 | -1.60% | $17,698 | -14.70% |
Mini Van Wagon (Pass) | $15,090 | $12,974 | -1.60% | $12,760 | -15.40% |
Full-Size Car | $14,394 | $12,331 | -1.80% | $12,106 | -15.90% |
Entry Level Car | $8,899 | $7,543 | -1.90% | $7,398 | -16.90% |
Compact CUV | $14,935 | $13,140 | -2.00% | $12,871 | -13.80% |
Full-Size Vans Wagon (Pass) | $13,731 | $12,541 | -2.10% | $12,278 | -10.60% |
Full-Size Van Cargo | $12,846 | $11,822 | -2.20% | $11,556 | -10.00% |
Entry Mid-Size Car | $11,891 | $9,690 | -2.50% | $9,449 | -20.50% |
Upper Mid-Size Car | $12,556 | $10,620 | -2.60% | $10,349 | -17.60% |
Mini Van Cargo | $10,588 | $9,560 | -3.40% | $9,240 | -12.70% |
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 →