McLEAN, Va. -

Wholesale prices are expected to rise again this week — interestingly, at the exact same rate seen last week.

NADA Used Car Guide is predicting prices to grow by 0.6 percent, or $100, relative to the two-week average.

And while prices are set to increase slightly this week as we start off August, auction prices for July remained “relatively mild,” with values ending relatively flat year-over-year, according to Kelley Blue Book’s latest Blue Book Market Report.

This week, with gas prices in hovering around $3.65 per gallon, per Energy Information Administration data, the compact car segments are seeing a bit of price strength in the lanes, the NADA Used Car Guide analysis indicated.

Compact car, compact utility and the luxury car segments are all expected to increase by 0.7 percent, marking the biggest auction price increases this week, NADA UCG added. The midsize utility segment is also expected to rise, with gains around 0.4 percent, or $75.

Luxury utilities and midsize cars are set to increase by 0.2 percent each, with the large pickup segments predicted to bump up by 0.1 percent, or $25, according to NADA UCG.

As gas prices remain high, large SUVs are predicted to remain flat versus their two-week average.

And NADA UCG is predicting only one segment will see price declines, with the midsize vans expected to fall by .2 percent of $25.

Though prices may be on the upswing these past couple of weeks, Gutierrez, senior market analyst for Kelley Blue Book, explained we may see rates decline slowly throughout the remainder of the season.

“While off-lease units have become slightly more abundant at auctions in recent months, increases in retail demand have helped to offset the impact of rising supply,” said Gutierrez. “Used-car values should continue to decline slowly and steadily through the rest of the summer, likely depreciating 1 percent per month on average.”

Four- and two-week AuctionNet wholesale average prices are created by collecting all AuctionNet records for vehicles  up to five years of age for a specified period of time.  Prices are then adjusted for changes in mileage and mix.

Current week prices are based on NADA's proprietary used-vehicle value model which includes assumptions for new-vehicle prices, used-vehicle supply, gasoline prices, and other economic factors.

NADA Segment Average AuctionNet® Wholesale Price 2-Week v. Current
4-Week Average 2-Week Average Current Week % Change $ Change
Compact Car $10,450 $10,525 $10,600 0.7% $75
Compact Utility $14,275 $14,400 $14,500 0.7% $100
Industry $15,400 $15,500 $15,600 0.6% $100
Large Pickup $20,700 $20,750 $20,775 0.1% $25
Large SUV $25,650 $25,700 $25,700 0.0% $0
Luxury Car $23,675 $23,825 $24,000 0.7% $175
Luxury Utility $26,075 $26,125 $26,175 0.2% $50
Mid-Size Car $12,250 $12,275 $12,300 0.2% $25
Mid-Size Utility $17,725 $17,800 $17,875 0.4% $75
Mid-Size Van $14,125 $14,125 $14,100 -0.2% ($25)