Chart courtesy of Black Book.

Chart courtesy of Black Book.

Car segments depreciated at nearly double the percentage of trucks during the week of July 25, with overall car values decreasing 0.47%. This is similar to the average depreciation rate of 0.46% of the previous four weeks.

Mid-Sized Car segments and Compact Crossover/SUV segments saw the greatest depreciation during the week. Mid-sized segments dropped 0.91%, while Compact Crossover/SUV segments dropped 0.48%, according to Black Book's most recent market report.

“The wholesale market values continue to depreciate at a humdrum pace as dealers report slow sales in retail,” said Anil Goyal, senior vice president of automotive valuation and analytics.

Overall truck values decreased by 0.26% last week. This is slightly better than the average change of a 0.35% decline seen in the previous four weeks.