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Used Vehicle Sales

Cars Depreciate 18.2% in 2015, Trucks Stay Hot

The wholesale used-vehicle market finished 2015 stronger than expected with an average 13.2% depreciation rate for used vehicles two to six years old and trucks retaining their value 9% better than passenger cars on average.

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.

Vehicle Abuse: An Overlooked Remarketing Cost

The resale value of a used vehicle is determined by three factors: the unit’s age, total mileage, and overall condition. A used company vehicle in poor condition, because of driver abuse or neglect, will result in lost resale value or incur unnecessary reconditioning expense at auction. Here's what you can do to minimize vehicle abuse.

2015 Resale Forecast for Full-Size Vans

The used full-size van market has remained strong throughout 2014, but it is expected to decline in 2015. Part of the reason for the strength of the used van segment is the discontinuation of traditional U.S.-style vans by OEMs as the new European-style vans are released.

Depreciation Returns to the Used-Vehicle Market

The latest auction figures point out a few important trends: First, the market for certain types of vehicles is definitely getting softer. Second, there really isn't one "used-vehicle market" anymore.

Used Vehicle Depreciation Stabilizes in August

Overall depreciation for used vehicles from the past five model years improved slightly from July as the average value fell 1.3 percent in the month compared to 1.5 percent in July, according to Black Book's monthly report.