Average Depreciation Comes in Lower Than Typical Featured

By Staff Writer July 25, 2018

The average price of a used vehicle for model years 2013-17 decreased in value by 1.2 percent during June, according to Black Book.

Car prices declined 1.6 percent and trucks declined 1 percent. All vehicles are averaging a 12-month decline of 13.9 percent, which is a lower average depreciation than typical pattern of 16 percent to 18 percent annually.

Two segments each saw positive changes in their average values during June: sporty cars at 0.5 percent and compact vans at 0.3 percent.

Vehicles in the midsize car segment saw the heaviest depreciation during June, slipping 2.4 percent.

Last modified on Wednesday, 25 July 2018 12:51

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