BlackBook\u2019s Market Insights<\/a>, wholesale vehicles increased by 0.17 percent in the last week. Prices had dropped by 0.05 percent the previous week.<\/p>\n\n\n\n\u201cSigns of recovery in the wholesale market are emerging in mid-March, marked by a solid auction conversion rate and encouraging trends in both car and truck segments,\u201d BlackBook reported. \u201cA modest dip in auction inventory and a surge in buyer activity suggest a positive shift in market dynamics as we mark the official start of spring.\u201d<\/p>\n\n\n\n
The nine car segments increased in price by $3 or 0.02 percent. Mid-size cars led the gains, increasing by $41 or 0.35 percent.<\/p>\n\n\n\n
The 13 truck and SUV categories jumped in price by $44 or 0.24 percent. Ten categories increased led by minivans gaining $90 or 0.59 percent. Only mid-size and full-size luxury crossover SUVs and compact vans dropped in price.<\/p>\n\n\n\n
Full-size pickups increased by $14 or 0.06 percent, its first gain in 40 weeks, according to BlackBook.<\/p>\n\n\n\n
\u201cThis is a noteworthy change from the sharp depreciation experienced last November, when values declined over 2 percent in just one week,\u201d BlackBook said.<\/p>\n\n\n\n
The auction sales rate stayed at a robust 57 percent.<\/p>\n\n\n\n
\u201cAs we reach mid-March, there are indications of positivity in the wholesale market, evidenced by a steady auction conversion rate of 57 percent,\u201d BlackBook noted.<\/p>\n","protected":false},"excerpt":{"rendered":"The wholesale used vehicle market took a dramatic turn in the past week, with prices accelerating. The market…\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":[3],"tags":[],"class_list":["post-4657","post","type-post","status-publish","format-standard","has-post-thumbnail","category-industry","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/4657","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=4657"}],"version-history":[{"count":0,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/4657\/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=4657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/categories?post=4657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/tags?post=4657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}