SUVs, Mid-Size Cars Lead February Residual Values

March 09, 2016

Photo via Wikimedia.
Photo via Wikimedia.

Full-size pickups led vehicle depreciation in February, while mid-size cars, full-size cars, and utility vehicles held their value best, according to Black Book.

The average price of 2010-2014 model year vehicles declined 1.1% in the month. Cars fell 1.1%, while trucks declined 1.2%.

"Clearly the car segments have begun to pick up momentum as we inch closer to spring, especially mid-size cars and full-size cars," said Anil Goyal, Black Book's senior vice president of automotive valuation and analytics. "As we reach the pinnacle of spring, it will be interesting to see if cars perform similarly to last year or if they experience less retention during the tax season."

Mid-size cars topped the list by essentially maintaining their January value at $9,595. Vehicles in this segment finished February with a 18.8% decline from a year ago to $11,813.

Other categories with slight declines include compact crossovers (down 0.1% to $12,978), full-size cars (down 0.3% to $12,674), and subcompact luxury CUVs (down 0.3% to $16,481).

Full-size pickups lost 2.7% of their value to $22,502. The category has fallen 6.3% from a year ago. Other categories with the highest declines in February included subcompact cars (2.4% to $6,935) and subcompact crossovers (2% to $12,213).

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

How many different types of antifreeze do you stock? I’m curious to know what others are doing to deal with the numerous specifications...

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

Accident management refers to a program wherein the leasing company or fleet management supplier handles some or all aspects of an accident in which a covered vehicle is involved.

Read more