Seasonal Lift Delay Keeps Wholesale Values Flat

The expected seasonal lift from this point of the year has yet to arrive at auctions, and wholesale values last week saw little change as a result, according to Black Book's March 4 Market Insights report.

Overall car segment values decreased by 0.42% last week, compared to 0.43% the week before. Overall truck segment values decreased 0.38% last week, compared to 0.40% the week prior.

Subcompact cars saw the biggest decline in value last week, as average values for the segment fell 1.23%. The next biggest drop came from luxury cars, which saw values fall for 0.72%.

Full-size cars realized the lowest depreciation through the week, as values for the segment fell 0.16%.

Two truck segment vehicles showed strong performances last week: subcompact luxury crossovers and compact vans. Subcompact luxury crossovers values remained flat from the week before and compact van values saw an increase of 0.03% week-over-week.

Subcompact crossovers, compact crossovers/SUVs, and midsize luxury crossovers/SUVs had the toughest week, as the vehicles realized the highest depreciation among trucks at 0.65%, 0.65%, and 0.60%, respectively.