Domestic Cars Outperform Trucks in January Depreciation

February 11, 2015

Photo of 2013 Chevrolet Tahoe courtesy of GM.
Photo of 2013 Chevrolet Tahoe courtesy of GM.

Full-size cars finished January with the strongest retention value in a month that saw used vehicles depreciate 1.2 percent, according to Black Book's monthly report.

Full-size cars from the 2009-2013 model years rose 0.1 percent in value in January to $11,659, a 12.4 percent decline from a year ago. This category includes the Chevrolet Impala, Chrysler 300, Ford Taurus, Nissan Maxima, and Toyota Avalon.

Other car categories also topped the list of smallest depreciation decline, including entry level cars (0.5 percent to $7,784) and compact cars (0.5 percent to $9,269). However, mid-size cars fell into the lower end of the declines, as entry mid-size cars fell 1.7 percent to $11,534 and upper mid-size cars fell 1.1 percent to $10,959.

Passenger minivans including the Dodge Caravan and Toyota Sienna finished with the highest depreciation, falling 2.2 percent to $14,639. Full-size SUVs such as the Dodge Durango, Ford Expedition, and Chevrolet Tahoe were also high on the list, falling 2 percent to $22,255.

Smaller trucks and SUVs fared better than larger vehicles. Full-size pickups were in line with the average with a 1.2 percent decline to $25,309.

Comment On This Story

Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Public Fleet Tracking And Telematics

Amin Amini from Verizon Connect will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Recent Topics

I am requesting feedback on how often you replace street sweepers? Also, when you surplus the old sweeper, what has brought you the...

View Topic

I am looking for a used bucket truck for around $50k for our traffic division. The only stringent requirement is the 50' bucket work...

View Topic

Fleet Documents

1117 Fleet Documents (and counting) to Download!

Sponsored by

Smith Electric manufactures and markets commercial electric vehicles.

Read more