auto dealer in black and red logo
MenuMENU
SearchSEARCH

Black Book: Luxury Depreciation Spikes

Luxury vehicles continued to struggle last week, as the segment realized some of the highest depreciation rates among all segments, according to the vehicle valuation firm.

by Staff
February 15, 2017
2 min to read


LAWRENCEVILLE, Ga. — Luxury vehicles continued to struggle last week, as the segment realized some of the highest depreciation rates among all vehicle segments, according to Black Book’s Feb. 13 Market Insights report.

Due to notably poor performance coming from sub-compact luxury crossovers/SUVs, minivans and compact vans, cars also saw lower depreciation rates than trucks last week.

“All luxury segment accumulative depreciation rates, for the first six weeks of 2017, are larger than that of their respective segment averages,” said Anil Goyal, senior vice president of automotive valuation and analytics for Black Book.

Apart from the prestige luxury and luxury segments, all car segments experienced better week-to-week depreciation last week, the firm added. Sub-compact and compact cars held the lowest depreciation rates at 0.05% and 0.04%, respectively. On the other side of the spectrum, prestige luxury and luxury cars held the highest depreciation rates at 0.69% and 0.42%, respectively.

Volume-weighted, overall car values decreased by 0.22% last week, the best weekly retention rate since May 2016, according to Black Book.

Volume-weighted, overall truck values decreased by 0.36%, noticeably higher the 0.14% rate recorded during the same time last year. Although sub-compact crossovers actually realized an appreciation of 0.32% last week, this gain was offset by the poor performance of sub-compact luxury crossovers/SUVs, mid-size luxury crossovers/SUVs, minivans and compact vans. Those segments realized depreciation rates of 1.22%, 0.59%, 0.81%, and 1.36%, respectively.

Originally posted on F&I and Showroom

More Training

Automotive Aftermarket Scholarships Central logo over a background of a technician working under a vehicle hood.
Trainingby StaffJanuary 23, 2026

Apply by March 31 for Automotive Scholarships

UAF is accepting applications for more than $900,000 in automotive and heavy-duty scholarships for the 2026-27 school year.

Read More →
RockED and TruVideo graphic promoting a video inspection certification program for automotive students.
Trainingby StaffJanuary 15, 2026

Combatting the Technician Shortage

RockED and TruVideo have launched a free video inspection certification for automotive schools.

Read More →
Trainingby StaffOctober 15, 2025

The F&I Agent's Roadmap: Mastering the Cold In-Store Visit

Register for Allstate's FREE webinar on Oct. 21

Read More →
Ad Loading...
Graphic showing the DealerPRO Training and APCO Holdings logos alongside a headshot of Courtney Hoffman, President and Chief Revenue Officer of APCO Holdings.
Trainingby StaffSeptember 19, 2025

APCO Holdings Acquires DealerPRO Training

The addition expands company's footprint in fixed ops training

Read More →
Trainingby StaffSeptember 8, 2025

Auto Dealership Training Program Expands

Protective Asset Protection offering is AI-driven.

Read More →
Trainingby StaffOctober 25, 2024

ASE Offers Free Vehicle-Fluids Webinar

Class will share updates on lubricant and filtration technologies in newer models.

Read More →
Ad Loading...
Trainingby StaffOctober 23, 2024

New ADAS Certification Announced

ASE training is intended to help service departments, shops optimize repair opportunities, customer confidence.

Read More →
Trainingby StaffAugust 21, 2024

ASE Offers Free Testing Webinar in Spanish

The class will give an overview of ASE testing in Spanish, including current tests, test development and test-preparation tools.

Read More →
TrainingAugust 1, 2024

F&I Conviction

It is not important that the client understands us – it is critical that they know we understand them!

Read More →
Ad Loading...
Trainingby StaffJune 7, 2024

Reynolds Donates $5M to Enhance Educational Opportunities

Money will help fund the construction of the new Center for Automotive & Mobility Studies at Northwood University

Read More →