GAINESVILLE, Ga. -

Late last week, Black Book provided its analysis on depreciation during June, which showed that compact cars led the pack, dropping by 2.6 percent in value from May.

Average segment values at the end of June were $8,765, a significant 18.9 percent lower than they were during the same time last year.

Of course, gas prices have remained stable this spring, while 2012 saw gas prices spiking over $4, which may have played a role in compact value retention trends.

Looking at overall pre-owned depreciation, used vehicles from model years 2007-2011 depreciated 1.3 percent month-over-month in June, a bigger drop than its 1-percent downward pace in May and 0.1-percent decline in April, Black Book reported.

Highlighting a few trends that stood out this past month, used pickup models held their value relatively well in June, with full-size, compact and mid-size pickups recording just a 0.7-percent sequential depreciation mark during June.

On the other hand, the compact CUVs and midsize SUVs showed the most depreciation across truck segments, both falling 2.2 percent in June month-over-month.

Average segment values for compact CUVs by the end of June were $12,140, a 14.1 percent drop year-over-year. Mid-size SUVs cost an average of $16,773, a 10.9 percent decline from June 2012.

On the car side, one segment, in particular, held its value well in June. The prestige luxury cars saw a slight drop of .9 percent, coming in at an average of $32,862 for June. That said, this number still represents a 17.1 percent year-over-year decline.

 

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