Depreciation in the lanes is slowing down as tax season gets underway.

Last week, car prices dropped by an average of 0.29 percent or $30 in the auction lanes, while trucks dropped by a larger 0.39 percent or $59.

That’s according to the latest Black Book Market Insights report that highlighted the slowdown in price declines.

“Overall weekly depreciation rates decreased as some segments start to show strength prior to the tax-season. We expect depreciation to remain low through tax season,” said Anil Goyal, vice president of automotive valuation and analytics at Black Book.

Sentiment in the auction lanes echo this assertion. Black Book editors overheard one buyer from Massachusetts noted, “January is off to a good start in this market area,” while another auction attendee from Connecticut said, “Prices were strong this week compared to the last two.”

The decrease among the car segments last week was a bit slighter than the 0.33-percent drop experienced during the same week of 2014.

The midsize car segment, Black Book editors pointed out, is the first of 2016 to see a rise in value. This segment saw prices rise by a slight 0.02 percent or $2.

Compact and full-size cars, on the other hand, saw prices drop the most out of any segments, with rates decreasing by 0.54 percent and 0.56 percent, respectively.

For the trucks, this past week’s drop of 0.39 percent is significantly higher than the 0.17-percent decline seen in during the same week of 2014. That said, this movement is most likely a market correction as truck prices soared in 2015.

The subcompact (no change), compact (down 0.25 percent or $29) and mid-size CUV/SUV (down 0.25 percent or $36) saw the strongest price retention last week among the trucks.

All luxury CUV/SUV segments took a hit last week, depreciating by over half a percent last week.