BlackBook\u2019s Market Insights<\/a>, wholesale vehicle prices fell 0.81 percent this week. Prices declined 0.44 percent the week before.<\/p>\n\n\n\n\u201cThe depreciation rate increased, resulting in the largest single-week market decline since mid-December 2023,\u201d BlackBook noted.<\/p>\n\n\n\n
All 22 segments followed by BlackBook declined more than 0.3 percent. Sub-compact cars had the largest drop of 1.27 percent or $83. Sub-compact crossover, compact crossover and full-size crossover SUVs fell more than 1 percent.<\/p>\n\n\n\n
The nine car divisions collectively were down 0.75 percent or $108.<\/p>\n\n\n\n
The 13 truck and SUV categories dropped an average of 0.83 percent or $156. The full-size crossover SUV lost $292 in price (1.11 percent). The full-size luxury crossover SUV dropped $217 (0.58 percent).<\/p>\n\n\n\n
Auction activity remains strong to start the year.<\/p>\n\n\n\n
\u201cLast week marked the first uninterrupted full week of January in the wholesale market, achieving a 60 percent auction conversion rate for the first time this year. However, this was accompanied by notable depreciation in several vehicle segments,\u201d BlackBook reported.<\/p>\n","protected":false},"excerpt":{"rendered":"Wholesale used vehicle prices had their largest weekly decline in more than a year this past week. According…\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-5521","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\/5521","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=5521"}],"version-history":[{"count":0,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/5521\/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=5521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/categories?post=5521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/tags?post=5521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}