Beggs Sees Used Vehicles Depreciate in September

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- October 7, 2013

Used vehi­cles mod­el years 2008–2012 over­all depre­ci­at­ed by -1.3% in Sep­tem­ber, mark­ing no change from August data also at -1.3%, accord­ing to the lat­est Beg­gs on the Used Car Mar­ket. Domes­tic cars depre­ci­at­ed -1.8%; import cars were -1.8%; domes­tic trucks were -0.7%; and import trucks were -1.2%. Aver­age pre-reces­sion depre­ci­a­tion is his­tor­i­cal­ly between -1% and -2% month­ly, Beg­gs said.

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