5 Vehicle Segments Retain or Increase Values in March, Black Book Reports
The vehicle valuation firm reported today that the average used vehicle for model years 2011-2015 depreciated slightly 0.6%. Cars overall recorded depreciation of 0.3%, while trucks registered depreciation of 0.8%.
LAWRENCEVILLE, Ga. — The average price of a used vehicle for model years 2011-2015 depreciated by 0.6% in March, Black Book reported today. Cars overall saw depreciation of 0.3% vs. trucks, which registered depreciation of 0.8%. All vehicles are averaging a 12-month depreciation change of 17.9%.
In March, four vehicles, including compact cars, sporty cars, compact vans and full-size vans, increased in value. Leading the way were compact vans, which saw its value increase by 2.1%. Vehicles in this segment, which include the Chevrolet City Express, Ford Transit Connect, Mercedes-Benz Metris, Nissan NV and the Ram C/V, finished March with an average segment price of $9,813, 2.1% increase from February.
On a year-over-year basis, however, compact Vans have depreciated 20.9%.
Full-size crossover/SUVs managed to retain their value. Vehicles in this segment, including the Chevrolet Tahoe, Chevrolet Suburban, Dodge Durango, Ford Expedition, GMC Yukon and the Nissan Armada, ended last month with an average segment price of $25,016, a 14.9% drop from its year-ago price of $29,398.
Prestige luxury cars recorded the highest depreciation of all segments, dropping 3.7% in March. Vehicles in this segment, including the Audi A8, Porsche Panamera, Jaguar XJ, Lexus LS 460, Mercedes-Benz S-Class and the BMW 7-Series, began April with an average segment price of $35,939, a 26.7% decline from last year’s $49,000 price average.
"Vehicle retention values remain relatively stable as we move through the spring season," said Anil Goyal, senior vice president of automotive valuation and analytics. "Perhaps a mostly mild winter helped generate some sales momentum in early spring, and we’re seeing a lot of typical patterns, particularly among car segments, despite much talk of low demand over the past several months.”
Originally posted on F&I and Showroom
More Dealer Ops

Dealer Debrief: Defection Data & EV Updates
In this week's debrief, host Lauren Lawrence discusses how to use defection data to your advantage and the latest on EV sales and charging infrastructure.
Read More →
How Defection Data is Bridging the Dealership Conversion Gap
Lead volume is flat, cross-shopping is up and brand loyalty is in retreat. As confident sales teams keep losing buyers they thought they had, daily industry sales data is showing dealers exactly where their funnel is breaking and how to fix it without buying a single new lead.
Read More →
Dealer Debrief: Where are you losing customers?
In this week's debrief, host Lauren Lawrence discusses the hidden leaks in dealerships where you might be losing customers without even realizing it.
Read More →
Dealer Debrief: Improving Your Inventory Management
In this week's debrief, host Lauren Lawrence covers a new survey that shows what service technicians really want and two launches that could help improve your inventory and vehicle life cycle management.
Read More →
Ladies and Gentlemen, This Is a Dealership: Why the Fundamentals Still Decide Who Wins
A teaching moment by a legendary football coach happens to apply perfectly in the auto retail space. Learn what it is and how to use it to your store’s advantage.
Read More →
What Market Timing Mistakes Mean for Your Reinsurance Program
When volatility hits, dealer-owned reinsurance programs face a familiar temptation: pull back and wait for calmer waters. New data from BOK Financial shows why that instinct can quietly cost you years of surplus growth.
Read More →
Dealer Ads and the FTC
The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
Read More →
Used Autos Supply Dwindles
The March shopping surge, despite high prices, cut into inventory by the most since the thick of the pandemic, Cox Automotive analysts calculated.
Read More →
Managing Risk Effectively Through Changing Times
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
Read More →
Survey Reveals What Won't Fix What's Breaking Car Sales
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
Read More →
