Remarketing

Used Truck, Full-Size Van Prices Weaken

April 26, 2016

Nissan Titan, photo courtesy of Wikimedia.
Nissan Titan, photo courtesy of Wikimedia.

In value retention, all truck segments have performed worse in comparison to the same time last year, according to Black Book.

This year, the best-performing segment — with the lowest depreciation — is the full-size crossover/SUV, which has dropped 0.20% YTD 2016 compared to 0.12% during the same time last year.

According to Black Book, the worst-performing truck segments in 2016 versus in 2015 include full-size vans (-0.39% in 2016 vs. +0.05% in 2015); compact crossover/SUV (-0.26% vs. +0.03% in 2015); full-size pickups (-0.35% in 2016 vs. +0.02% in 2015); and small pickups (-0.28% in 2016 vs. -0.04% in 2015).

"Clearly, the sales success and consumer demand that trucks have enjoyed over the last few years will eventually catch up, and we're beginning to feel some of this tide turning in 2016," said Anil Goyal, Black Book’s senior vice president of automotive valuation and analytics. "We're beginning to see more of this volume return to the wholesale market, which is placing pressure on truck retention strength."

Comment On This Story

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

Article News

Popular Stories

FleetFAQ

Public Fleet Tracking And Telematics

Amin Amini from Verizon will answer your questions and challenges

View All

Recent Topics

Hello All, We are developing a formal training program for light and heavy equipment technicians. Our goal is to recruit and train...

View Topic

What tool do you use to calculate residual value on heavy equipment? Thanks,

View Topic

Fleet Documents

974 Fleet Documents (and counting) to Download!

Sponsored by

ARI was founded in 1948 by Holman Automotive Group, when Ford Motor Company asked them to create a business that would lease and rent vehicles to its customers.motive Group, when Ford Motor Company asked them to create a business that would lease and rent vehicles to its customers.

Read more