{"id":4340,"date":"2023-10-24T10:49:12","date_gmt":"2023-10-24T15:49:12","guid":{"rendered":"https:\/\/niada.com\/dashboard\/?p=4340"},"modified":"2023-10-24T10:49:13","modified_gmt":"2023-10-24T15:49:13","slug":"wholesale-used-vehicle-prices-dip-slightly","status":"publish","type":"post","link":"https:\/\/niada.com\/dashboard\/wholesale-used-vehicle-prices-dip-slightly\/","title":{"rendered":"Wholesale used vehicle prices dip slightly"},"content":{"rendered":"\n<p>Wholesale used vehicles prices declined slightly in the past week.<\/p>\n\n\n\n<p>The overall market decreased by 0.28 percent, according to<a href=\"https:\/\/www.blackbook.com\/market-insights\/market-insights-10-24-2023\/\" target=\"_blank\" rel=\"noopener\"> BlackBook\u2019s weekly Market Insights<\/a>. The decline was less than the previous week\u2019s 0.36 percent fall.<\/p>\n\n\n\n<p>BlackBook noted the United Auto Workers\u2019 strike continues to impact the market.<\/p>\n\n\n\n<p>\u201cAs the UAW strike continues, the market remains in a state of limbo with dealers still saying it is a \u2018wait and see\u2019 situation. Overall, the market is depreciating, but the rate of decline is below what is typical for the time of year,\u201d BlackBook reported.<\/p>\n\n\n\n<p>Mid-size crossover SUVs were the lone vehicle to see an increase in price this past week, 0.09 percent or $20.<\/p>\n\n\n\n<p>\u201cThis is the third time in the past five weeks the segment has reported an increase,\u201d BlackBook said.<\/p>\n\n\n\n<p>The nine car segments were down $73 or 0.46 percent. Sub-compact cars fell 1.04 percent or $82. Prestige luxury cars decreased by 0.65 percent or $243.<\/p>\n\n\n\n<p>Trucks and SUVs fell by 0.2 percent or $43. Sub-compact luxury crossover SUVs led the losses, dropping by 0.7 percent or $125. Full-size vans were down $157 or 0.62 percent.<br>Sales at auction slipped to 52 percent from the high point of the year, 56 percent.<\/p>\n\n\n\n<p>\u201cThe UAW strike is now entering its second month with no end in sight yet. One thing is for sure though, this is still causing a lot of uncertainty in the market,\u201d BlackBook reported.<\/p>\n\n\n\n<p>Retail used vehicle prices stayed at 0.97 on the index. Inventory hit a high point for the year at 1.05 points. Vehicles are taking 45 days to turn.<\/p>\n","protected":false},"excerpt":{"rendered":"Wholesale used vehicles prices declined slightly in the past week. The overall market decreased by 0.28 percent, according&hellip;\n","protected":false},"author":1,"featured_media":3440,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_appearance_grid":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[28,3],"tags":[],"class_list":{"0":"post-4340","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-independent","8":"category-industry","9":"cs-entry","10":"cs-video-wrap"},"_links":{"self":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/4340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/comments?post=4340"}],"version-history":[{"count":0,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/4340\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/media\/3440"}],"wp:attachment":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/media?parent=4340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/categories?post=4340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/tags?post=4340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}