BlackBook\u2019s weekly Market Insights.<\/a><\/p>\n\n\n\n\u201cLarge market declines continued last week across all segments, with some segments even setting records for the largest single-week declines. The question now is where is the bottom,\u201d BlackBook reported.<\/p>\n\n\n\n
Compact vans lost $705 in value or 5.48 percent. It was more than double previous week\u2019s drop of 2.24 percent for the segment.<\/p>\n\n\n\n
Three other segments \u2014 sub-compact cars, full-size cars and full-size crossover SUVs \u2014 fell by more than 2 percent.<\/p>\n\n\n\n
All nine car divisions dropped in price, with the average being 1.35 percent or $210. Full-size cars were down $414 or 2.33 percent.<\/p>\n\n\n\n
The truck and SUV segments were down $317 or 1.53 percent. Full-size SUVs dropped $570 or 2.09 percent. Full-size pickups declined $506 or 1.95 percent.<\/p>\n\n\n\n
The sales rate at auction stayed at 55 percent.<\/p>\n\n\n\n
\u201cThe auction conversion rate remains stable compared to last week. One trend we\u2019ve noticed is with compact and full-size cargo vans, which have been declining more in the last few weeks than we have seen in years,\u201d BlackBook noted.<\/p>\n\n\n\n
The used retail price index dropped to 0.95. The inventory index remained at 1.04. Vehicles are taking 53 days to turn.<\/p>\n","protected":false},"excerpt":{"rendered":"Compact van prices dropped more than 5 percent this past week, leading another week of declines in the…\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-4420","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\/4420","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=4420"}],"version-history":[{"count":0,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/4420\/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=4420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/categories?post=4420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/tags?post=4420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}