agent Entrepreneur logo
MenuMENU
SearchSEARCH

Used-Vehicle Prices Remain Resilient in 2014

LAWRENCEVILLE, Ga. — According to Black Book data, the average price of a used vehicle for model years 2009 to 2013 continued to fall in December, depreciating 1% compared to November. For all of 2014, the average price fell 12.1%, a much lighter drop that the 12.8% decline recorded for all of 2013 and less ... Read More »

January 13, 2015
2 min to read


LAWRENCEVILLE, Ga. — According to Black Book data, the average price of a used vehicle for model years 2009 to 2013 continued to fall in December, depreciating 1% compared to November. For all of 2014, the average price fell 12.1%, a much lighter drop that the 12.8% decline recorded for all of 2013 and less than Black Book’s predicted 13.5% decline.

During December, prices for domestic cars depreciated 1.4%, while prices for import cars declined 1.1%. The average price for domestic trucks depreciated 0.6%, while prices on import trucks fell 0.9%. For the year, domestic trucks finished with the lowest category depreciation at 9.1%, while domestic cars finished with the highest at 15.9%.

Ad Loading...

Prestige luxury cars finished the year with the highest annual depreciation, with the average price falling 18.1%, while full-size passenger vans finished as the only segment with a positive change. The average price for the segment increased 3.5%.

Despite leading the year with the lowest depreciation, trucks represented four of the six segments with the highest depreciation in December, led by cargo minivans with a 1.8% decline. Trucks in this segment include the Dodge Caravan, Ford Transit Connect and the Chevrolet Uplander.

Luxury level cars experienced the highest monthly depreciation among all car segments in December, with the average price falling 1.6%. Cars in this segment include the BMW 5-Series, Audi A6, Mercedes-Benz E Class, Lexus I Series and Infiniti M Series. Vehicles in this segment finished the month with an average price of $20,574, a 16.8% decline from a year ago.

Full-size cargo vans and full-size passenger vans finished December tied with the strongest retention at 0.5%, while compact SUVs finished the month in positive territory with a 0.2% gain. The car segment with the lowest monthly depreciation was the entry-level vehicle category, which finished mostly unchanged from a year ago with a 0.2% decline.

“2014 saw an increased number of cars sold compared with the previous year, which means additional trade-in volume would typically drive a rising depreciation rate,” said Ricky Beggs, editorial director at Black Book. “However, despite more trade-in volume in 2014, used-car prices overall increased, which translated to stronger-than-normal retention values across the board. Additionally, we saw some of the lowest gas prices in years toward the latter half of 2014, which had an impact on truck and car segment demand and depreciation patterns.”

More Industry

Photo of two men in suit jackets shaking hands next to new car inside of a dealership
IndustryApril 23, 2026

A New Consumer Culture in the Auto Dealership

Dealers should aim to build a positive work environment, helping employees execute an efficient experience, from their online research to the final delivery of the vehicle.

Read More →
Closeup of the side of an Audi car
Industryby Hannah MitchellApril 23, 2026

New-Vehicle Sales Down

A cloudy April forecast was expected due to last April’s sales surge in anticipation of U.S. trade tariff-inflated prices. Meanwhile, automakers pumped up incentives to address today’s consumer wallet woes.

Read More →
Photo of Cadillac Lyriq SUV on road with partly cloudy sky in background
Industryby Hannah MitchellApril 16, 2026

Used Autos Selling for More

A recent price spike due to several larger market forces, though it hasn’t dulled demand, is pushing more consumers to efficient models to squeeze in buys.

Read More →
Ad Loading...
Photo of facade of Waldorf Toyota car dealership
Industryby Hannah MitchellApril 16, 2026

Maryland Auto Group Sells

A group out West picked up the major D.C.-area collection, putting it in the upper tiers of private automotive groups in the U.S.

Read More →
Line graphic showing Cox Automotive's March Credit Availability Index status
Industryby Hannah MitchellApril 13, 2026

Auto Lending Opens Up in March

Lenders loosened access for subprime borrowers, and consumers with negative equity reached a record high, Cox Automotive reported.

Read More →
electric vehicle next to an urban charging station. EV Demand Diverges. F&I and Showroom logo
Industryby Lauren LawrenceApril 10, 2026

EV Interest Varies Regionally

U.S. consumer interest in electric vehicles lags behind other countries despite the rising gas prices caused by the ongoing war in the Middle East.

Read More →
Ad Loading...
Photo of the rear of a Mercedes GLC 400 electric SUV with a skyline in the background
Industryby Hannah MitchellApril 10, 2026

Brands Weighed on Projected Recalls

Research reveals the brands and models most likely to have higher recall rates over their lifetimes. While some brands rank high, addressing safety issues can be a selling point.

Read More →
Photo of white 2026 Ford Bronco on a sandy beach
Industryby Hannah MitchellApril 10, 2026

March New-Vehicle Sales Don’t Reflect War

Cox Automotive data shows Americans doubled down on big-is-better despite price increases. Slightly higher incentives helped fuel the demand.

Read More →
Photo of several cars on lifts in a service center
Industryby Hannah MitchellApril 9, 2026

Franchised Dealers Stand to Gain Service Business

Cox Automotive research shows both the opportunities and the challenges in turning consumers’ growing affordability needs into increased fixed-operations revenue.

Read More →
Ad Loading...
Photo of office desk with open laptop on it and an empty chair next to it
IndustryApril 9, 2026

What Matters Most in Building Your Agency

The partner you choose for growth and expansion is key, because better is the ultimate goal instead of growth for growth’s sake.

Read More →