Magazine for the car and truck fleet and leasing industry
Issue link: https://autofleet.epubxp.com/i/140727
❲ REMARKETING ❳ $25,000 AVERAGE CONDITION VALUE SEGMENT VALUE TRENDS (3-YEAR-OLD VEHICLES) $20,000 Three-year-old mid-size car and full-size pickup segments peaked in average price in 2012 with current full-size pickup values being held strong in 2013 due to an improving economy and growing construction and housing market. $15,000 $10,000 SOURCE: BLACK BOOK $5,000 -26%* $9,000 RESALE PREMIUM $8,000 55%* $7,000 Diesel Premium When New 06/01/13 06/01/12 06/01/11 06/01/10 06/01/09 Full-size Pickups Used Premium -21%* 61%* 30%* $6,000 06/01/08 06/01/07 06/01/06 06/01/05 06/01/03 06/01/04 Mid-size Cars 0 82%* $5,000 -79%* $4,000 -38%* -19%* 117%* -48%* $3,000 $2,000 $1,000 $0 2010 Audi Q7 TDi 2010 2010 ML BMW 350 CDI 335D, 335i 2010 VW Touareg 2010 Chevrolet Silverado R E T E N T I O N P E R C E N TAG E Weaker Retention 2010 Ford F-250 2010 VW Jetta SE 2010 VW Golf 2009 MB Class 2010 BMW X5 2010 Audi A3 Stronger Retention 1.5% 1.2% 1.0% 0.5% 0.0% 0.1% -0.5% -0.5% -1.0% -1.5% -2.0% -2.5% -2.6% -3.0% -2.3% -2.0% -1.9% -0.5% -0.3% -0.4% -1.7% -3.0% -3.5% Entry MidSize Car Full-Size Upper Mid- Minivan Car Size Car Cargo Near Compact Luxury Car Car Full-Size SUV Compact Pickup Luxury SUV Full-Size Pickup Mid-Size Pickup Compact SUV DIESEL ENGINE RESALE PREMIUM Most models available with a diesel engine netted a higher auction price than those equipped with gasoline engines. In some cases, the diesel engine option returned more value used than the original new option cost. *The % is the used value over or under the actual new cost of the diesel engine. SOURCE: BLACK BOOK SEGMENT DEPRECIATION: MY-2011WEAKEST SIX/ STRONGEST SIX BY RETENTION With normal monthly depreciation expected to range from -1.2 percent to -1.5 percent the mid-size pickup and compact SUV segments are showing positive growth in values. The full-size SUV, luxury SUV, compact pickup and full-size pickup segments are all showing better-than-market retention. SOURCE: BLACK BOOK IMPACT OF OPTIONAL EQUIPMENT (on select models) MODEL Explorer Liberty Town & Country Impala Taurus Fusion 50 OPTION Power Sunroof Leather Power Sunroof Skyview Paneled Roof Heated Seat Package Leather Rear Entertainment System Power Sunroof Without 3rd Row Seat Power Sunroof Leather Navigation Without Automatic Transmission AUTOMOTIVE FLEET ❙ 2013 EFFECT ON VALUE $550 $1,050 $550 $650 $250 $950 $500 $550 ($600) $550 $600 $600 ($1,050) HOW OPTIONAL EQUIPMENT INFLUENCES RESALE VALUE While adding up-front cost to a new vehicle, optional equipment also added to the used vehicle resale prices of select 2011 models, while also adding value to the wholesale purchase, retail sale, and collateral tied to any consumer loan. SOURCE: BLACK BOOK