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

F&Iby Lauren LawrenceFebruary 27, 2026

Price Driving Insurance Churn

Over half of insurance holders ages 18 to 29 reported to be 'somewhat' likely to change providers in the next 90 days, according to CivicScience, which found that interest was lower among older age groups.

Read More →
Industryby Lauren LawrenceFebruary 26, 2026

AI Drives Dealer Website Traffic

Total visits to dealer websites from generative artificial intelligence platforms grew more than 15 times year-over-year, signaling a shift in how many consumers shop for cars online.

Read More →
Industryby Hannah MitchellFebruary 26, 2026

Automakers Tops in Fuel Economy

In the U.S., Honda has the most efficient gas-electrified combo lineup while Tesla beats all automakers in annual EPA ranking as brands built their alternative-fuel offerings.

Read More →
Ad Loading...
F&Iby Lauren LawrenceFebruary 25, 2026

Report Finds Year-End F&I Strength

Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.

Read More →
Industryby Hannah MitchellFebruary 24, 2026

Overall Consumer Confidence Up

Americans’ view of present business conditions, the labor market and family finances, though, are still in the dumps, and if they plan to buy cars, many target used units.

Read More →
Auto Financeby Lauren LawrenceFebruary 23, 2026

Auto Loan Forecast Bucks Market Trend

Auto loan originations rose over 6% year-over-year in the third quarter of 2025, but TransUnion predicts a slight decline in auto loan growth this year, making it an outlier in the company's overall lending forecast.

Read More →
Ad Loading...
F&Iby Hannah MitchellFebruary 23, 2026

Some Auto Brands Cheaper to Insure

A new top 10 list ranks the least expensive for average full insurance coverage on a clean driving record and high driver credit scores.

Read More →
Industryby StaffFebruary 20, 2026

Learn to Manage the Mayhem at Agent Summit

Rob Mancuso – president of Mancuso Automotive – will present a Keynote at the 2026 event.

Read More →
Fixed Opsby Hannah MitchellFebruary 20, 2026

Auto Recalls Sank Last Year

2025 Sedgwick data indicate that the number of vehicles affected fell to its lowest point in more than a decade.

Read More →
Ad Loading...
Industryby Lauren LawrenceFebruary 19, 2026

Affordability Leads Top-Rated List

Edmunds’ editorial team tested 300-plus vehicles to help determine the Top Rated Awards for 2026, and one brand stood out with multiple rankings, including Best of the Best.

Read More →