Posted on Mar 20, 2018

Financial Solutions

Wholesale depreciation declined by an average of 0.2 percent in February, according to J.D. Power Valuation Services.

The month's performance was better than February 2017's 0.9 percent decline.

The large SUV segment experienced the largest loss on the mainstream side of the market. For the second month in a row, prices declined by 2.1 percent.

Last year, prices for the segment fell by 1.6 percent. However, over the course of the past five years, prices for the group averaged a lesser 0.3 percent.

One driver behind this is a hefty 26.7 percent increase in late-model auction volume year-to-date compared to 2017.
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