McLEAN, Va. -

Prices are continuing on the path of seasonal decline, and NADA predicts auction prices will fall by another 1 percent or $150 this week.

And all segments are expected to see prices drop in the lanes this time around. This may mark the season turn, as Black Book’s Ricky Beggs said last week’s declines weren’t as extreme as expected.

Though car prices fell by an average of $84 last week, the trucks only saw a $21 drop, according to Black Book data.

According to NADA’s AuctionNet data, this week’s percentage losses will be led by the compact car segment. This segment is expected to see rates drop by 1.5 percent or $150 this week.

Gasoline prices have been relatively stable as of late, which could be impacting interest, and therefore, prices, in the smaller, more fuel efficient segments.

The compact utility segment will follow closely behind, according to NADA data, with a 1.3 percent or $175 drop this week.

Mid-size cars and vans are both expected to see large drops, as well, at around 1.1 percent, followed closely by luxury cars with a 1 percent drop. The expected drop in luxury car values equates to $200, the highest dollar amount drop predicted this week

On the other end of the spectrum, the lowest decline predicted this week is luxury utility segment with a 0.4 percent decline predicted. The large SUVs are also holding their value relatively well, with only a 0.5 percent expected decline.

The large pickups continue to out-perform the average, with a 0.6 or $125 predicted decline this week.

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 $10,000 $9,850 $9,700 -1.5% ($150)
Compact Utility $14,025 $13,925 $13,750 -1.3% ($175)
Industry $14,750 $14,575 $14,425 -1.0% ($150)
Large Pickup $21,650 $21,550 $21,425 -0.6% ($125)
Large SUV $26,275 $26,350 $26,225 -0.5% ($125)
Luxury Car $20,200 $20,000 $19,800 -1.0% ($200)
Luxury Utility $25,275 $24,975 $24,875 -0.4% ($100)
Mid-Size Car $11,475 $11,325 $11,200 -1.1% ($125)
Mid-Size Utility $17,725 $17,600 $17,500 -0.6% ($100)
Mid-Size Van $14,275 $14,050 $13,900 -1.1% ($150)