BlackBook\u2019s Market Insights<\/a>.<\/p>\n\n\n\n\u201cThe overall depreciation rate continues to accelerate, with the market dropping by 0.74 percent last week, significantly higher than the pre- pandemic average of 0.25 percent. Notably, six out of the 22 segments tracked by Black Book reported declines exceeding 1 percent last week,\u201d BlackBook noted.<\/p>\n\n\n\n
Luxury cars, prestige luxury cars, full-size crossover SUVs, sub-compact luxury crossover SUVs, full-size vans and small pickups all fell more than 1 percent. Sub-compact luxury crossover SUVs were down 1.68 percent or $275. Prestige luxury cars dropped $469 or 1.28 percent.<\/p>\n\n\n\n
The nine car categories fell 0.75 percent or $117. Full-size cars experience the smallest drop, $35 or 0.2 percent.<\/p>\n\n\n\n
The 13 truck and SUV segments were down $149 or 0.73 percent. The only model to fall less than 0.5 percent was the mid-size crossover SUV at 0.39 percent. It fell $76 in price.<\/p>\n\n\n\n
The auction lanes remain active. Conversion rates were at 58 percent, down slightly from the 61 percent the week prior.<\/p>\n","protected":false},"excerpt":{"rendered":"The drop in wholesale used vehicle prices hastened as the end of July neared. The overall market fell…\n","protected":false},"author":1,"featured_media":4729,"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-4998","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\/4998","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=4998"}],"version-history":[{"count":0,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/4998\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/media\/4729"}],"wp:attachment":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/media?parent=4998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/categories?post=4998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/tags?post=4998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}