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Used Vehicle Prices Rise

Used Vehicle Prices Rise Featured

The average price of a used vehicle for model years 2011-15 increased in value by 0.4 percent in April, according to Black Book. Cars overall saw an increase in value by 0.7 percent versus trucks, which saw a 0.3 percent increase. All vehicles are averaging a 12-month depreciation change of 16.9 percent.In April, sporty cars performed the strongest, increasing their value by 1.8 percent. Vehicles in this segment finished April with an average price of $13,355.Only six vehicle segments depreciated in value in April: premium sporty cars, compact vans, full-size luxury CUV/SUV, full-size vans, subcompact crossovers and subcompact luxury CUVs. Of those vehicle categories, the full-size luxury CUV/SUV segment saw the most depreciation declining in value by 0.5 percent.
Last modified on Thursday, 11 May 2017 19:28
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