LAWRENCEVILLE, Ga. -

The strength in wholesale pricing is still evident, but a “tired tax season” may be emerging along with buyers who feel that prices are due to come down.

That’s what the Black Book editorial team observed last week in the auction lanes and reported in the latest Black Book Market Insights report.  Overall movement in volume-weighted car values was staticweek-over-week, with truck prices up 0.31 percent.

“The wholesale market remains strong, especially for trucks; however, buyers are starting to show resistance as more no-sales are being reported all across the country,” said Anil Goyal, Black Book’s vice president of automotive valuation and analytics.

Many dealers, it seems, have “enough inventory” and are simply bargain-shopping now, Black Book’s team said in its analysis. In fact, some dealers said they believe there’s a price drop ahead, so they’re hedging their bets.

“Comments from the lanes and data show that used-vehicle inventories have been replenished, and remarketers are seeing signs of a buyer slowdown across many car segments in particular,” Black Book’s analysis said.

To illustrate the sentiment in the lanes, Black Book provided a few comments from its personnel in various pockets of the country:

  • Florida: “Lots of no-sales on 2014 and 2015 models.”
     
  • Phoenix: “Rental car market has been slow this week, not selling as well.”
     
  • Milwaukee: “Dealers still finding it difficult to buy what they need.”
     
  • Pennsylvania: “Buying was moderate today. Sale was not as good as last week.”
     
  • Tampa: “Buyers said they were being cautious, waiting on market to fall.”

Segment-wise, some of the stronger performers were:

  •  Small cars, which Black Book says have apparently been better sellers in recent weeks, although a slow price decline the rest of 2015 due to their “good supply.”
     
  • SUV and pickup segments, which have shown widespread strength. Compact SUVs, for instance, were up 1.17 percent ($248) and midsize SUVs were up 0.65 percent ($134).