November 28, 2016
“Sales percentages were reported to have improved slightly last week with both car and truck segment values depreciating less than the trends seen in the recent weeks.” Anil Goyal, SVP, Automotive Valuation and Analytics
+0.2% 0%
-0.2% -$6 -0.09% -0.4% -$28 -$57 -0.28% -$60 -0.6% CARS -$165 -0.41% -$178 -$110 -0.49% -0.56% -0.8% -0.53% -$64 -0.57%
WEEKLY CHANGE WEEKLY -1.0% -0.74% -$149 -1.2% -1.00% -$69 -1.4% -1.22%
+0.2% $0 0% 0% -$48 -0.2% -$9 -$10 -$6 -$34 TRUCKS -0.4% -0.07% -$72 -0.09% -0.04% -$46 -0.18% -$46 -0.31% -0.6% -0.30% -0.25% -$80 -$104 -$40 -0.35% -0.49% -0.45% -0.8% -$135 -0.52%
-1.0% -0.71% WEEKLY CHANGE WEEKLY -1.2% -1.4%
Model Years: 2008-2014, Volume Weighted Wholesale Average Values, Weekly Change from 11/18/16 to 11/25/16
Luxury Crossover Values Experience Softness
Volume weighted, overall car segment values decreased by 0.56% last week, lower than the depreciation rate of 0.62% seen in the previous four weeks. Sub-Compact Car, Near Luxury Car and Mid-Size Car segments declined the most by 1.22%, 1.00% and 0.74%, respectively. Volume-weighted, overall truck segment (including pickups, SUVs and vans) values decreased by 0.31% last week, lower than the depreciation rate of 0.59% seen in the previous four weeks. Compact Luxury Crossover/SUV, Mid-Size Luxury Crossover/SUV and Compact Van segments declined the most by 0.71%, 0.52% and 0.49%, respectively.
November 28, 2016 Sentiment from the Auction Lanes Our editors and personnel attend over 60 auctions every week across the country to provide key insights: “There were lots of no-sales today but sales did increase slightly over last week.” David from TX “Truck sales volumes have exceeded cars in this location with Pickups and SUVs both in demand here.” Don from MN
“Mid-size cars and SUVs both sold well today.” Greg from NV “Very slow market in this area overall.” Gene from PA “Bidding was thin and buyers were only filling orders at today’s auction.” Mark from MI
Retention Trends of Compact Luxury Crossover/SUVs
Retention trends for 3-year old Compact Luxury Crossover/SUV segment have been strong in recent years. The retention values are 3- to 4-percentage points lower this year for 2013 Model Year vehicles in this segment.
Vehicle Highlight 2017 Lincoln MKX is available in Select, Premiere, Reserve and Black Label trim levels, available in both FWD and AWD configurations. Base MSRP starts at $38,260 excluding factory destination charge. A 303-hp 3.7-liter V-6 is standard and twin- turbo 2.7-liter V-6 is optional. Close competitors include Porsche Macan, Jaguar F- Pace, BMW X3, Audi SQ5 and Mercedes-Benz GLC-class.
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