Posts Tagged 'auto depreciation'

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While Summer Heats Up, Vehicle Depreciation Cools Off

Used vehicle depreciation improved considerably over the first half of June compared to the substantial rate recorded in May. Used vehicle prices through the first two weeks of the month have fallen by 2.3% compared to all of May, which is nearly a percentage-point better than last month’s 3.2% decline. While May’s fall was the fourth worst showing for the month since 1995, June’s month-to-date drop is fairly typical for the period.

November Mid-Month Update: Used Vehicle Depreciation Slows Considerably

After diving by 3.5% on a prior month basis in October, used vehicle depreciation eased up substantially over the first half of November with prices falling by 1.2%, a figure in line with NADA’s full-month target of 1.5% to 1.75% and one dramatically better than October’s mid-month fall of 3.1%. At the segment level, mid-size van prices have firmed up the most with depreciation improving to 1.6%, up by more than three percentage points from October’s full-month loss of 4.7%. The stabilization in mid-van prices has come despite 2013 model year volume increasing by 32% or 52 ...

 

    

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