Related: Vans, Pickups, and Compact Cars Outperformed Average Wholesale Market
Wholesale Values Stable at Start of September
Overall vehicle values last week were stable, as the anticipation for Labor Day kept bidding strong at auctions, according to Black Book’s Sept. 3 Market Insights report.
September 4, 2019
Subcompact, compact, and full-size cars had the strongest showing last week, as values for the respective segments increased by 0.13%, 0.21%, and 0.19%.
Image courtesy of Black Book.
1 min to read
Overall vehicle values last week were stable, as the anticipation for Labor Day kept bidding strong at auctions, according to Black Book’s Sept. 3 Market Insights report.
Overall car segment values were 0.04% higher than they were last week, compared to 0.06% higher the week before. Overall truck values decreased 0.06% last week, compared to a 0.19% decline the week before.
Subcompact, compact, and full-size cars had the strongest showing last week, as values for the respective segments increased by 0.13%, 0.21%, and 0.19%. The luxury car segment and midsize car segment saw the biggest declines to their average wholesale value through the week.
In the truck segment, full-size vans and subcompact crossovers had the best showing. Overall wholesale values for these two segments increased 0.43% and 0.18%, respectively. Small pickups had a difficult week, as values were down 0.39% compared to the week prior.
Originally posted on Vehicle Remarketing
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