Sporty cars were the only vehicles in the car segment to see an improvement in average wholesale value last week, as sporty car values improved 0.22% last week.
 - Photo courtesy of Black Book. 

Sporty cars were the only vehicles in the car segment to see an improvement in average wholesale value last week, as sporty car values improved 0.22% last week.

Photo courtesy of Black Book. 

Demand in the wholesale market continues to be strong, however, values in the car segment finally saw a small decline after a seven week span of growth, according to Black Book's May 13 Market Insights report.

Overall car segment values were down 0.08%, compared to a 0.08% increase the week before. Sporty cars were the only vehicles in the car segment to see an improvement in average wholesale value last week, as sporty car values improved 0.22% last week.

Luxury and prestige luxury cars realized the highest decline to wholesale value among cars last week: values for luxury cars fell 0.41% week-over-week, while values for prestige luxury cars fell 0.49%.

Meanwhile, truck segment values continued to improve last week, marking the eighth week of wholesale value growth for the segment.

Overall truck segment values were up 0.09%, compared to an increase of 0.05% the week before.

Small pickups and full-size pickups were the strongest performers, growing 0.55% and 0.32%, respectively. Subcompact and mid-size luxury crossovers/SUVs experienced the biggest decline through the week, as wholesale values for both segments fell 0.22%.

0 Comments