BlackBook\u2019s weekly Market Insights<\/a>.<\/p>\n\n\n\n\u201cLast week, fewer market segments showed strength, yet the overall market still shows stability and a slower rate of depreciation compared to the pre-COVID average for this period,\u201d BlackBook noted. \u201cAlthough just two segments demonstrated positive growth last week, the market experienced a lesser rate of depreciation at 0.23 percent, an improvement from the 0.26 percent observed the previous week.\u201d<\/p>\n\n\n\n
Prices for the nine car segments were down $23 or 0.17 percent. Near luxury cars were down 0.51 percent or $91. Compact cars had a slight increase of $8 or 0.08 percent.<\/p>\n\n\n\n
The 13 truck and SUV categories dropped $49 or 0.26 percent. The full-size luxury crossover SUV led the losses with a decline of $273 or 0.74 percent. The full size crossover SUV increased in price by $16 or 0.07 percent.<\/p>\n\n\n\n
The auction sales rate slowed to 53 percent this week from 55 percent.<\/p>\n\n\n\n
\u201cFor the first time in three weeks, auction conversion rates have dipped, accompanied by a slight decrease in auction inventory,\u201d BlackBook reported. \u201cAdditionally, sellers are sticking to their reserve prices, expecting that values may rise in the weeks ahead.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Depreciation in the wholesale used vehicle market continues to slow. The overall wholesale market fell 0.23 percent last…\n","protected":false},"author":1,"featured_media":3329,"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":[3],"tags":[],"class_list":{"0":"post-4590","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-industry","8":"cs-entry","9":"cs-video-wrap"},"_links":{"self":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/4590","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=4590"}],"version-history":[{"count":0,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/4590\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/media\/3329"}],"wp:attachment":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/media?parent=4590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/categories?post=4590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/tags?post=4590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}