Depreciation was low through most of 2019 but saw somewhat of an abrupt acceleration at the start of the fall season. As supply and demand continues to be strong, the outlook for depreciation in 2020 is cautiously positive.
Steep Depreciation Continues Into December
Overall car segment values decreased 1.04% last week, compared to 0.91% the week before. Overall truck segment values decreased 1.18% last week, compared to 0.88% the week before.