BlackBook\u2019s Market Insights<\/a>.<\/p>\n\n\n\nThe wholesale market dropped 0.03 percent and 0.07 percent in the final two weeks of May, ending a streak of 10 weeks of rising prices.<\/p>\n\n\n\n
\u201cLast week marked the first time since late February that both the overall car and truck segments showed negative trends. Only two car segments, full-size and sports cars, recorded positive movement. On the truck side, four out of 13 sub-segments saw gains, with full-size crossover SUVs leading at a 0.66 percent gain,\u201d BlackBook reported. \u201cOver the past two weeks, the wholesale market experienced further declines and an increase in total auction inventory. On a positive note, auction conversion rates improved by 2 percent compared to the prior week.\u201d<\/p>\n\n\n\n
Auction lanes remain active, with the conversion rate at 60 percent. That is still down from the 63 percent.<\/p>\n\n\n\n
To end May, the nine car segments were down 0.09 percent or $15. Full-size cars were up 0.03 percent or $6 and sports cars 0.27 percent or $61. Subcompact cars fell 1.27 percent or $93.<\/p>\n\n\n\n
The 13 truck and SUV segments decreased $15 or 0.07 percent in prices. Full-size crossover SUVs were up $200 or 0.66 percent. Subcompact luxury crossover SUVs increased by $35 or 0.2 percent. Compact vans dropped $32 or 0.27 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"As the calendar turned to May, wholesale used vehicle prices remained elevated. That changed by the end of…\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-5901","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\/5901","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=5901"}],"version-history":[{"count":0,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/5901\/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=5901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/categories?post=5901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/tags?post=5901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}