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Overall truck segment values declined 0.83% last week, compared to 0.99% the week before.
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Overall used vehicle values, and truck values in particular, were down month-over-month in October, according to Black Book’s latest Used Vehicle Retention Index.
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As of November 1, 2019, pickup truck values have continued a slow, downward trend since a peak in June 2019.
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As of October 1, 2019, pickup truck values have remained relatively stable compared to the drop experienced in August 2019.
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As of September 1, 2019, pickup truck values rose from the drop experienced in August 2019, while Class 4-8 trucks all decreased on value compared to the same time last month.
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As of August 1, 2019, pickup truck values are continuing to drop from their peaks in May and June.
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Car values continued to weaken and truck values strengthened last week, as the summer months approach.
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As of June 1, 2019, overall wholesale values for all pickups and Class 4-8 trucks continued to decline since same time last year.
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Spring has come to an end, with cars declining in values greater than trucks.
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Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by just 0.01% last week.
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