{"id":5495,"date":"2024-12-31T12:05:42","date_gmt":"2024-12-31T18:05:42","guid":{"rendered":"https:\/\/niada.com\/dashboard\/?p=5495"},"modified":"2024-12-31T12:06:31","modified_gmt":"2024-12-31T18:06:31","slug":"wholesale-prices-decline-as-december-comes-to-close","status":"publish","type":"post","link":"https:\/\/niada.com\/dashboard\/wholesale-prices-decline-as-december-comes-to-close\/","title":{"rendered":"Wholesale prices decline as December comes to close"},"content":{"rendered":"\n<p>All models of wholesale used vehicle prices finished December on the decline.<\/p>\n\n\n\n<p>The wholesale market, according to <a href=\"https:\/\/www.blackbook.com\/market-insights\/market-insights-12-30-24\/?utm_source=Customers+and+Subscribers&amp;utm_campaign=64f158d9b1-Market_Insights_2017_03_21_COPY_01&amp;utm_medium=email&amp;utm_term=0_1d368deea6-64f158d9b1-548027966&amp;mc_cid=64f158d9b1&amp;mc_eid=b3d130fc26\" target=\"_blank\" rel=\"noopener\">BlackBook\u2019s weekly Market Insights<\/a> at the end of December, was down 0.38 percent. It continued a trend from earlier in the month.<\/p>\n\n\n\n<p>\u201cDepreciation slowed down, with the overall market declining by 0.38 percent, compared to a 0.46 percent decline the week before,\u201d BlackBook noted.<\/p>\n\n\n\n<p>All nine of the car segments dropped by an average of 0.35 percent or $52. Full-size cars were down $105 or 0.65 percent. Compact cars fell 0.5 percent or $54.<\/p>\n\n\n\n<p>All 13 truck and SUVs declined in price. The average fall was 0.4 percent or $75. Five segments \u2013 midsize and full-size crossover SUVs, midsize and full-size luxury crossover SUVs and minivans \u2013 dropped by more than $100 in price. Full-size crossover SUVs lost $149 or 0.55 percent in value.<\/p>\n\n\n\n<p>Due to the holidays, auction conversions lagged at the end of December at 44 percent. It was a 12 percent drop from the previous week.<\/p>\n\n\n\n<p>\u201cAuction activity decreased significantly, with some auctions either rescheduling their sale dates or canceling altogether. This reduction in activity led to a sharp drop in the nation\u2019s overall conversion rate, which fell to 44 percent from 56 percent,\u201d BlackBook reported.<\/p>\n","protected":false},"excerpt":{"rendered":"All models of wholesale used vehicle prices finished December on the decline. The wholesale market, according to BlackBook\u2019s&hellip;\n","protected":false},"author":1,"featured_media":5400,"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-5495","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\/5495","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=5495"}],"version-history":[{"count":0,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/5495\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/media\/5400"}],"wp:attachment":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/media?parent=5495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/categories?post=5495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/tags?post=5495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}