Last week’s wholesale vehicle activity aligned more closely with seasonal norms, as depreciation returned across most reporting segment, according to Black Book’s market insights. After eleven weeks of gains, the newer 0-to-2-year-old units declined for the first time, dropping by -0.07%, the same decline observed for 2-to-8-year-old units. However, 8-to-16-year-old units experienced a slightly higher depreciation rate, falling by -0.20% last week.

Car Segments

• On a volume-weighted basis, the overall Car segment decreased -0.09% For reference, in the previous week, cars increased +0.07%.
• The 0-to-2-year-old Car segments were down -0.19% and 8-to-16-year-old Cars decreased -0.19%.
• Two of the nine Car segments reported an increase in values last week.
• The Sub-Compact Car segment recorded the most significant drop last week, falling by -1.27%. After a short period of four weeks of gains, the segment has averaged a weekly decline of -0.87% over the last three weeks.
• The Sporty Car segment marked its tenth consecutive week of growth, rising by +0.27% last week. Over the past ten weeks, it has achieved an average weekly increase of +0.39%.

Truck / SUV Segments

• The volume-weighted, overall Truck segment decreased -0.07% compared to the decrease seen the prior week of -0.07%.
• The 0-to-2-year-old models saw an average decrease of -0.03% and the 8-to-16-year-old models experienced an average decrease of -0.21%.
• Four of the thirteen Truck segments experienced an increase in values last week.
• The Full-Size Crossover/SUV segment continues its upward trend, rising by +0.66%. This segment has achieved gains in thirteen of the past fourteen weeks. Within the segment, 0-to-2-year-old vehicles increased by +0.63%, while 8-to-16-year-old vehicles declined by -0.66%.
• The Full-Size Pickup segment’s appreciation is slowing, with a modest increase of +0.05%, compared to its average weekly gain of +0.24% over the previous twelve weeks.