Black Book Gauges Which 2-Year-Old Units Have Strongest Price Gains
With 2011 model-year units recently added to its data set, Black Book has provided used-vehicle value information on these two-year-old units and broke down which segments' prices have climbed the most.
The firm compared the current values of 2011 model-year units to the current values of 2010 model-year units for each of its 10 car and 14 truck segments.
In doing so, Black Book found that among car segments, the prestige luxury class climbed the most, as prices for its 2011 model-year units are 24.4 percent higher than values for model-year 2010 units in this category.
Meanwhile, entry-level cars had the smallest increase (up 15.6 percent)
“The opposite rang true for truck segments, as compact SUVs like Jeep Wrangler and Nissan Xterra showed the most strength at 27.4 percent,” said Black Book's Ricky Beggs.
Luxury SUVs (up 19.1 percent) and full-size SUVs (19 percent) didn’t rank as high, coming in at Nos. 8 and 9 on the truck list, respectively. Full-size CUVs had the slightest gain of any truck segment, as they were up 10.6 percent.
Breaking the individual car segments down further, prestige luxury units were followed by luxury-level cars, whose 2011 model-year prices are up 23.5 percent from the 2010 model-year class.
Next was near-luxury cars (up 19.8 percent), followed by upper midsize cars and compact cars (each up 19 percent).
Full-size cars (up 18.8 percent), entry midsize cars (up 17.8 percent), sporty cars (up 16.8 percent), premium sports cars (up 16 percent) and entry-level cars (up 15.6 percent) rounded out the car segment list.
On the truck side, compact SUVs were followed by cargo minivans (up 25.5 percent), full-size cargo vans (up 22.5 percent) and compacts CUVs (up 21 percent).
Full-size van wagons (up 20.1 percent) were fifth on the truck list, with midsize SUVs (up 19.6 percent) at No. 6 and midsize CUVs in seventh (up 19.4 percent).
Moving along, No. 8 was the luxury SUV class (up 19.1 percent), followed by full-size SUVs (up 19 percent), minivan wagons (up 18.9 percent) and compact pickups (up 13 percent).
Rounding out the truck side of the market were full-size pickups (up 12.2 percent), midsize pickups (up 10.8 percent) and full-size CUVs (up 10.6 percent).