McLEAN, Va. -

In line with seasonal expectations, one of the only segments expected to see an uptick in prices this week is the large pickup class.

And NADA Used Car Guide expects used prices across all segments to remain relatively flat as AuctionNet wholesale prices are only expected to fluctuate plus or minus within 1 percent for each segment.

“The overall industry average is expected to remain unchanged versus last week,” officials said.

Used prices for the large pickup and compact car segments are expected to increase the most over the course of the current week to the tune of 0.7 percent apiece.

Interestingly, Black Book’s Ricky Beggs touched on the truck market earlier this week, telling Auto Remarketing he expects demand to increase in this segment in the near future.

The managing editor believes full-size pickups will see price strengthening in the used markets this year because of a growing economy and interest in the segment.

"I think the reason you are seeing manufacturers make the big push on trucks right now is they see the economy turning around and the housing market improving, and they see the demand that is going to be out there for the pickup truck, whether it be new or used," Beggs said.

Beggs also noted the increased demand for trucks will help maintain the used price level.

Prices for the midsize car and compact utility segments are also expected to grow slightly, increasing  by 0.6 percent and 0.5 percent, respectively.

The  only other segment predicted to see growth this week will be large SUVs at 0.3 percent, NADA officials shared. 

On the other hand, used prices for the midsize van segment are expected to fall by 0.5 percent (or $75) this week, while midsize utilities are also expected to decline by 0.3 percent ($50).

And the luxury car segment is expected to decline the most of any segment by 0.5 percent ($125).

But NADA said “this drop should be taken with a grain of salt because of the volatile nature of wholesale transactions in this segment.”

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 $10,675 $10,900 $10,975 0.7% $75
Compact Utility $15,200 $15,500 $15,575 0.5% $75
Industry Average $16,200 $16,525 $16,525 0.0% $0
Large Pickup $20,700 $21,050 $21,200 0.7% $150
Large SUV $28,525 $29,125 $29,225 0.3% $100
Luxury Car $24,025 $24,075 $23,950 -0.5% ($125)
Luxury Utility $27,525 $27,625 $27,625 0.0% $0
Mid-Size Car $12,875 $13,100 $13,175 0.6% $75
Mid-Size Utility $18,900 $19,350 $19,300 -0.3% ($50)
Mid-Size Van $15,550 $16,025 $15,950 -0.5% ($75)


Sarah Rubenoff can be reached at srubenoff@autoremarketing.com. Continue the conversation with Auto Remarketing on both LinkedIn and Twitter.