Pages

Thursday, March 13, 2014

Used Vehicle Values Stay Strong

Used vehicle model years 2008-2012 overall depreciated 1.1 percent in February, showing stronger seasonal retention compared to the 1.9 percent rate in January.

According to Black Book data, domestic cars depreciated 0.6 percent; import cars were down 1.1 percent; domestic trucks were flat; and import trucks were down 1.5 percent. Average pre-recession depreciation is historically between 1 percent and 2 percent monthly, and Black Book expects overall 2014 depreciation of 13.5 percent

Used Car Values

No comments: