Residual Value Insights

The Black Book Residual Value Newsletter for Q3 2025 highlights a market stabilizing through August after July’s sharper-than-normal depreciation. Wholesale values continued to soften but at a slower pace, and auction conversion rates improved to roughly springtime highs, signaling solid dealer demand. On the retail side, Days-to-Turn rose to about 41–42 days—up from summer lows yet still below early‑year levels—while listing prices eased back to those seen at the start of the year. Segment performance was mixed: Compact Cars and Pickups showed stabilization; Premium Sporty Cars remained firm (with some 0–2‑year units appreciating); whereas Prestige Luxury and Vans faced heavier pressure, including weakness in EV cargo vans. EV residuals remain sensitive to how automakers respond to expiring incentives.