Black Book’s Weekly Market Update showed activity at the auctions has slowed as dealers await the 13th month of the year, that final week of the year. The success of the retail sales this week will say a lot about how the new year will start.

• On a volume-weighted basis, the overall Car segment decreased -0.51%. For reference, in the previous week, cars decreased by -1.03%.
• The volume-weighted, overall Truck segment decreased -0.78% compared to the depreciation seen the prior week of -1.06%.
• The Used Retail Days-to-Turn estimate is now sitting around 62 days.

Car Segments

• On a volume-weighted basis, the overall Car segment decreased -0.51%. For reference, in the previous week, cars decreased by -1.03%.
• The 0-to-2-year-old Car segments were down -0.52% and 8-to-16-year-old Cars declined -0.91%.
• All nine Car segments decreased last week. For the first time in six weeks, none of the segments had depreciation exceeding 1%.
• The Sub-Compact Car segment had the largest depreciation last week, declining -0.93%. This compares with the average weekly decline over the last six weeks of -1.29%.
• The Compact Car segment had a dramatic decrease in depreciation, 0.30% last week compared with the prior week’s decline of -1.13%. This was the lowest single week depreciation for the segment since late October.

Truck / SUV Segments

• The volume-weighted, overall Truck segment decreased -0.78% compared to the depreciation seen the prior week of -1.06%.
• The 0-to-2-year-old models declined -0.73% on average and the 8-to-16-year-olds decreased by -0.85% on average.
• All thirteen Truck segments declined last week, with only four of the thirteen reporting declines exceeding 1%.
• The Compact Crossover/SUV segment had the smallest depreciation last week, declining -0.48%, compared with -0.96% the previous week.
•  The Sub-Compact Luxury Crossover/SUV segment had the largest decline last week, dropping -1.28%. The segment has averaged a decline of -1.33% per week over the most recent eight weeks.