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Trucks, SUVs Top July Retention Value

Trucks and SUVs logged the strongest resale value during July in a month that saw lighter depreciation of 1.3 percent for 2010-2014 model year vehicles, according to Black Book.

by Staff
August 13, 2015
Trucks, SUVs Top July Retention Value

Photo of 2014 Expedition courtesy of Ford.

1 min to read


Photo of 2014 Expedition courtesy of Ford.

Trucks and SUVs logged the strongest resale value during July in a month that saw lighter depreciation of 1.3 percent for 2010-2014 model year vehicles, according to Black Book.

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Meanwhile, domestic cars depreciated 2.1 percent, while import cars fell 1.7 percent. Domestic trucks fell 0.6 percent and import trucks declined 1.3 percent. Black Book expects a 14.5-percent overall depreciation for 2015, which would be an improvement from pre-recession levels of between 15 and 18 percent.

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Trucks held the seven top slots among vehicle categories for retention. Full-size SUVs led the way with a flat depreciation level ($26,166), followed by full-size pickups (down 0.1 percent to $24,286) and compact SUVs (down 0.3 percent to $25,844). Three categories fell 0.7 percent, including compact pickups ($19,344), mid-size pickups ($17,081), and mid-size SUVs ($22,168).

Luxury cars recorded the best retention among cars with a 0.8-percent decline to $24,736.

Cargo minivans showed the highest depreciation, falling 3.1 percent to $8,502. They were followed by full-size cars, which fell 2.5 percent to $12,907.

Originally posted on Automotive Fleet

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