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TAG SEARCH RESULT: Depreciation

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January 3, 2018

Pickups Perform Well in Resale Market

While the end of 2017 brought a record decline in weekly depreciation for cars, volume-weighted, overall truck segment (including pickups, SUVs, and vans) values declined by 0.54% the last week of 2017, according to Black Book. This is in line with the average weekly adjustment of 0.57% over the previous four weeks.

January 1, 2018

2017 Fleet Depreciation Aided By Hurricanes

Typical seasonal highs and lows were disrupted this year due to a run of natural disasters destroying hundreds of thousands of vehicles and causing a surge in replacement activity. Overall fleet depreciation improved this year.

November 14, 2017

High-Mileage Vehicle Depreciation Strengthens

Vehicles over 100,000 aren’t depreciating at the same as they used to due mostly to a tight supply of late-model used vehicles, according to Edmunds’ Q3 Used Vehicle Market Report.

November 13, 2017

Resilient Used Vehicles Keeping Depreciation at Bay

Used vehicles from one to five years old fell 1.4% in value in October in a steady used-vehicle market that showed significant improvement from a year ago with large pickups leading the way, reports Black Book.

November 8, 2017

Manheim's Used Vehicle Values Rise 6 Straight Months

Wholesale used vehicle prices rose for the sixth month in a row in October, increasing by 1.02%, according to Manheim’s October Used Vehicle Value Index. This brought the index to 136.3, an 8.1% rise from a year ago.

October 12, 2017

Hurricane Replacement Still Boosting Used Vehicle Prices

The average price of used vehicles model years 2012-2016 fell 0.7% in September, with the lion’s share of that depreciation coming from the car segment, according to Black Book. As of September, all vehicles are averaging a 12-month depreciation of 14.5%.

July 17, 2017

Small Pickups Show Low Depreciation, Value Gain

Over the past three months, two segments have shown unchanged value or an increase in overall value: Full-Size Pickups are unchanged, and Small Pickups have gained +0.2% in value.

June 9, 2017

Used Vehicle Depreciation Accelerates in May

Used vehicle prices experienced a reversal in May, falling 1.2% from the previous month, according to Black Book.

March 8, 2017

Small Pickups Showing Strongest Retained Value

Small pickups performed the best in February, according to Black Book, increasing their value by 0.2%. Vehicles in the small pickups segment include the Toyota Tacoma, Chevrolet Colorado, Nissan Frontier, and Honda Ridgeline.

March 1, 2017

Yes Virginia, There is Depreciation

Depreciation is a necessary evil in our industry. Knowing your risks and knowing your OEM partners won’t make depreciation go away but it can make it more manageable.

February 13, 2017

Controlling Creeping Fleet Costs

Running a successful fleet means keeping an eye on both your front office costs, as well as what’s happening in your shop and in the yard.

February 10, 2017

Pickups Show Lowest January Depreciation

Small and large pickups were among the top performing segments in January with a 1.1% depreciation rate among two- to six-year-old vehicles sold in auction lanes, according to Black Book.

February 8, 2017

Used Medium-Duty Truck Values Declining

After the first month of the year, depreciation rates for medium-duty trucks are up and overall orders for the segment are down, according to Black Book’s Feb. 7 Market Insights Report.

January 5, 2017

Used Vehicle Values Stabilize in December

Depreciation trends stabilized to close out 2016, with depreciation rates for all cars and trucks falling into seasonal patterns.

December 9, 2016

Used Vehicle Values Weakened in November

Five model years of used vehicles depreciated 2.3% in November, which showed a slight improvement from October and remained in line with the typical weakening of values at this time of year, according to Black Book data.

November 4, 2016

Depreciation Bites Harder in October, Black Book Says

Depreciation for 1- to 5-year-old vehicles saw a significant increase to 2.9% for October from the 2.3% September rate with passenger cars seeing greater weakness, according to Black Book.

October 20, 2016

Used Pickup Sales Weakening

A rising supply of used pickups coupled with aggressive pricing for new models is expected to cause a weakening in values in the wholesale market, according to new data from Black Book.

September 8, 2016

Car Depreciation Accelerates in August, Trucks Steady

Rising car depreciation put a drag on used vehicle sales, which fell in value significantly more sharply in August compared to July and August from a year ago, according to Black Book.

August 9, 2016

Depreciation in Most Segments Improves in July

Used vehicles from the 2011 to 2015 model years depreciated 1.5% in July, a slight improvement over June's 1.7% depreciation rate, reports Black Book.

July 11, 2016

Used Vehicles Depreciate 1.7% in June

The average price of a used vehicle for model years 2011-2015 depreciated 1.7% in June, following light depreciation in May. These vehicles fell 15.4% in value from year-ago-levels, according to Black Book.

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Depreciation is simply the difference between the original cost of a fixed asset and the proceeds from the sale of the asset.

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