GAINESVILLE, Ga. -

Though trucks had been defying depreciation trends seen in the car segments so far this spring, it looks like the pickups and SUVs joined their smaller counterparts last week.

According to Black Book’s latest Market Insights Report, last week the lanes showed broader declines for the majority of the car segments, and even many of the truck segments.

Overall, car values depreciation by 0.53 percent or $65 last week, while trucks saw prices fall by an average of 0.28 percent or $46.

And the only segment to see any increase in price last week were the prestige luxury cars, with a slight increase of 0.03 percent or $9.

Though once again, the smaller cars led the way for weekly depreciation, luxury SUVs and midsize pickups experience ramped up depreciation, as well.

Compact car, entry level car and entry midsize car segments dropped the most by 1.36 percent or $119, 0.90 percent or $64, and 1.05 percent or $100, respectively.

The biggest decline among the truck segments was seen in the luxury SUV segment, which saw prices fall by 0.71 percent or $206.

The midsize pickups also saw increasing price declines with a 0.60 percent or $73 drop.

The minivan cargo segment followed in terms of depreciation with a 0.84 percent or $51 decline.

“Broad declines starting to appear in the market led by smaller cars showing the most decrease in value with continued negative sentiments from the buyers,” said Anil Goyal, vice president of automotive valuation and analytics.

That said, car prices are definitely dropping at a much higher rate. According to Black Book data, car prices have dropped for eight straight weeks, for an average depreciation rate of 2.3 percent.

Comments in the lanes reflect price movement, as well. Black Book overheard a buyer from Washington state say, “Late model trucks are a little softer at this location today.”

While another auction attendee in Chicago stated, “The prices are down somewhat and I am able to buy cars I wouldn’t buy three months ago.”