Cars might just be catching up with trucks when it comes to retention rates is the latest data from Black Book is any indicator.

Black Book’s Ricky Beggs said one of the most interesting trends seen in the lanes last week was that the mix of price increases was greater for cars than trucks, contrary to trends seen this spring and summer.

The mix of price increases for cars came in at 19 percent, while the percentage of price climbs for truck segments sat at 11 percent.

Interestingly, last week was the first  in the past six weeks when the average car segment price change came in less than the trucks, showing stronger retention for the cars this time around.

Beggs reported in his latest “Beggs on the Used Car Market” video report that last week, the average segment change for cars was a decline of $45, while the trucks saw an average drop of $57. 

In going through the individual segment changes, Beggs also explained that seasonality is definitely coming into play.

“Seasonality comes into play and is sometimes recognized with overall depreciation showing various patterns over time. We are now into the final quarter of the year which traditionally brings larger downward movement,” Beggs said.

On an segment basis, traditionally, sports cars and convertibles, which show price strength in the warm months, see the tides turn as the weather cools.

This trend is becoming apparent as the premium sporty cars and the entry sporty cars both saw increasing declines this past week with drops of $127 and $75, respectively.

On the truck side of things, for the second week in a row the luxury SUVs and the full-size crossovers shows the biggest price drops with declines of greater than $100, Beggs reported.

Next in line was the full-size SUV segment with a drop of $93.

To view the latest “Beggs on the Used Car Market” video report, see below: