Black Book Market Insights reports pricing became increasingly dispersed as buyers concentrated their bidding on retail-ready inventory while discounting vehicles with average mileage, lower-content trims, or condition-related shortcomings.
Car Segments
- On a volume-weighted basis, the overall Car segment decreased -0.45%. For reference, in the previous week, cars decreased -0.38%.
- The 0-to-2-year-old Car segments were down -0.39% and 8-to-16-year-old Cars decreased -0.27%.
- Declines were broad-based, with all nine Car segments posting losses across every age category last week.
- A clear split emerged within the Mid-Size Car segment, as 0-to-2-year-old and 2-to-8-year-old vehicles declined -0.69% and -0.64%, respectively, while 8-to-16-year-old models slipped only -0.18%.
- Sporty Car and Premium Sporty Car recorded the smallest declines among the 0-to-2-year-old and 2-to-8-year-old Car segments last week. In contrast, 8-to-16-year-old Sporty Cars declined -0.40%, while Premium Sporty Cars remained relatively stable across all age groups.
Truck / SUV Segments
- The volume-weighted, overall Truck segment decreased -0.77% compared to the decrease seen the prior week of -0.83%.
- The 0-to-2-year-old models saw an average decrease of -0.45% and the 8- to-16-year-old models experienced an average decrease of -0.57%.
- All Truck segments declined last week across every age category.
- The 2-to-8-year-old Full-Size Crossover/SUV segment declined -1.35%, extending its depreciation streak to 19 consecutive weeks with an average weekly decline of -0.45%. The 0-to-2-year-old segment fell -0.79%, its largest single-week decline since last November, while 8-to-16-year-old models decreased -0.75%.
- The 2-to-8-year-old Full-Size Pickup segment declined -1.21% after falling – 1.77% the previous week. Aside from a brief slowdown in depreciation during the Labor Day week, the segment has now declined for 20 consecutive weeks, averaging -0.49% per week.
