Automotive Fleet
MenuMENU
SearchSEARCH

Depreciation Reaches Yearly High in October

Domestic cars lost the most in value at 3.2 percent among vehicles from the 2009-2013 model-years, while domestic trucks lost 2.1 percent. Compact pickups and full-size passenger vans and full-size cargo vans showed the most strength.

by Staff
November 11, 2014
Depreciation Reaches Yearly High in October

Photo of 2013 Chevrolet Express 2500 cargo van courtesy of General Motors.

2 min to read


Photo of 2013 Chevrolet Express 2500 cargo van courtesy of General Motors.

Depreciation for used vehicles reached 2 percent for October, reaching the highest monthly level so far this year, according to a monthly report from Black Book.

Domestic cars lost the most in value at 3.2 percent among vehicles from the 2009-2013 model-years, while domestic trucks lost 2.1 percent compared to September levels. Compact pickups and full-size passenger vans and full-size cargo vans showed the most strength, declining 0.8 percent, 1.7 percent, and 2.1 percent respectively.

Ad Loading...

Two passenger car categories lost more than 4 percent of their value in the month. Average pre-recession depreciation has been between 1 percent and 2 percent.

Compact cars led the decline with a 4.4 percent slide to $9,327 on average. This category includes the Honda Civic, Chevrolet Cruze, Toyota Corolla, and Ford Focus. Full-size cars lost 4 percent to $11,848 on average. This category includes the Chrysler 300, Toyota Avalon, Chevrolet Impala, and Nissan Maxima.

For the second consecutive month, premium sporty cars led all car segments with 1.6 percent decline in value to $48,976 in a category that includes the BMW 6 Series, Audi R8/S8, Mercedes-Benz CL-Class, Mercedes-Benz SL Class, and Cadillac XLR.

Fuel-efficient cars have also fallen prey to higher depreciation at a time when gasoline prices have fallen to a four-year low. In addition to compact cars, entry-midsize cars (3.5 percent to $11,204) and entry-level cars (3.5 percent to $7,733) also fell hard.

Full-size vans are also maintaining strength from a year ago. Full-size passenger vans have depreciated only 0.9 percent to $19,468 year over year, while full-size cargo vans have fallen 5 percent to $20,568. Other year-over-year winners include compact SUVs (down 3.8 percent to $19,648) and compact pickups (down 3.5 percent to $15,907).

Ad Loading...

More Remarketing

Series of colored line graphs showing the recent history of average used listing prices.
Remarketingby News/Media ReleaseJune 12, 2026

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 →
Dark blue bar graphs showing percentage gains in average wholesale used vehicle prices
Remarketingby News/Media ReleaseJune 5, 2026

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 →
Green and black bar graphs show May 2025 v. 2026 fleet vehicle sales into commercial, rental, and government fleet sectors.
Vehicle Researchby Martin RomjueJune 3, 2026

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 →
Ad Loading...
Pickup trucks in a row with overlay "Hidden Vehicle Value"
Remarketingby Chris BrownMay 18, 2026

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 →
Blue bar graphs showing wholesale used vehicle price shifts according to vehicle segment.
Remarketingby News/Media ReleaseMay 11, 2026

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 →
James McKinley stands on the stage during the 2026 CAR Conference and speaks about his acceptance of the Value Champion of the Year Award.
Remarketingby Chris BrownMay 8, 2026

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 →
Ad Loading...
Eric Autenrieth accepts the Fleet Remarketer of the Year award on a stage at the CAR Conference in Cleveland, OH.
Remarketingby StaffMay 8, 2026

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 →
Lawrence Knapp stands on stage as he hives his acceptance speech for the cosigner of the year award.
Remarketingby StaffMay 7, 2026

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 →
Image of three award winners at 2026 CAR
Remarketingby Faith HowellMay 6, 2026

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 →
Ad Loading...
Chris Brown standing on stage at The Conference of Automotive Remarketing announcing this year's award winners.
Remarketingby StaffMay 5, 2026

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 →