{"id":5592,"date":"2025-02-12T11:28:17","date_gmt":"2025-02-12T17:28:17","guid":{"rendered":"https:\/\/niada.com\/dashboard\/?p=5592"},"modified":"2025-02-12T12:15:45","modified_gmt":"2025-02-12T18:15:45","slug":"wholesale-used-vehicle-prices-drop-auction-activity-increases","status":"publish","type":"post","link":"https:\/\/niada.com\/dashboard\/wholesale-used-vehicle-prices-drop-auction-activity-increases\/","title":{"rendered":"Wholesale used vehicle prices drop; auction activity increases"},"content":{"rendered":"\n<p>Wholesale used vehicle prices continue to trend down.<\/p>\n\n\n\n<p>Prices dropped 0.36 percent at the end of the first week of February. It was a slight tick up from the 0.34 percent slide from the previous week, according to <a href=\"https:\/\/www.blackbook.com\/market-insights\/market-insights-2-11-25\/?utm_source=Customers+and+Subscribers&amp;utm_campaign=57ae2ae55b-Market_Insights_2017_03_21_COPY_01&amp;utm_medium=email&amp;utm_term=0_1d368deea6-57ae2ae55b-548027966&amp;mc_cid=57ae2ae55b&amp;mc_eid=b3d130fc26\" target=\"_blank\" rel=\"noopener\">BlackBook\u2019s Market Insights.<\/a><\/p>\n\n\n\n<p>\u201cDespite the uncertainty introduced into the market last week due to the President\u2019s negotiations with Canada and Mexico regarding a 25 percent tariff on imports, the wholesale market remained resilient, showing strong sales nationwide and values that continued to align with seasonal depreciation trends,\u201d BlackBook reported.<\/p>\n\n\n\n<p>Auction activity increased with sales conversion, moving from 58 percent to 59 percent.<\/p>\n\n\n\n<p>\u201cThere was an increase in the auction conversion rate and a slight uptick in total auction inventory,\u201d BlackBook noted.<\/p>\n\n\n\n<p>All 22 segments followed by BlackBook experienced declines. Compact cars (0.57 percent or $60), sub-compact luxury crossover SUVs (0.73 percent or $113) and full-size pickups (0.59 percent or $142) experienced the largest drops.<\/p>\n\n\n\n<p>The 13 car segments fell an average 0.3 percent or $43. The 22 truck and SUV classes were down an average of 0.38 percent or $71.<\/p>\n\n\n\n<p>Minivans stopped their recent plunge in price. Depreciation in the segment slowed from an average of 0.89 percent in the past two months to 0.39 percent this week.<\/p>\n","protected":false},"excerpt":{"rendered":"Wholesale used vehicle prices continue to trend down. Prices dropped 0.36 percent at the end of the first&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-5592","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\/5592","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=5592"}],"version-history":[{"count":0,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/5592\/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=5592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/categories?post=5592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/tags?post=5592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}