Cars Boost Used Vehicle Prices

By Staff Writer May 13, 2018

The average price of a used vehicle for model years 2012-16 increased in value by 0.3 percent during April, according to Black Book.

Cars were up 1.3 percent.  A total of nine vehicle segments increased in overall value during spring, including five car segments, led by midsize and compact cars, each up 2.5 percent on the month.

Trucks declined by 0.4 percent on the month.

Subcompact crossovers saw the largest boost for trucks, jumping 1.5 percent in April.

All vehicles are averaging a 12-month change of 15.1 percent. The two segments that saw the highest depreciation on the month were full-size crossover/SUV, and midsize luxury CUV/SUV, each declining 1.5 percent

Last modified on Sunday, 13 May 2018 19:50

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