Used-car managers looking for luxury cars might be finding deals in the lanes, according to the latest Black Book Market Insights Report.

Black Book senior vice president of automotive valuation and analytics Anil Goyal said, “Luxury brand cars have shown higher drops in value on a percentage basis in the recent weeks in comparison to mainstream brand cars.”

The report indicated that volume-weighted, overall car segment values decreased by 0.31 percent last week, lower than the depreciation rate of 0.43 percent seen in the previous four weeks.

As mentioned, editors determined prestige luxury car and near luxury car segments declined the most by 0.94 percent and 0.57 percent, respectively.

Again volume-weighted, Black Book found that overall values in the truck segment (including pickups, SUVs and vans) decreased by 0.43 percent last week, higher than the depreciation rate of 0.36 percent noticed during the previous four weeks.

Editors spotted that the full-size luxury crossover/SUV and small pickup segments declined the most a week ago, softening by 0.80 percent and 0.63 percent, respectively.

Turning next to what Black Book representatives at auctions nationwide observed last week, activity might have been most intense on opposite ends of the country.

In California, the lane watcher relayed, “Lots of action here today with above normal amount of consignment and a normal amount of buyers.”

And in Florida, a similar scenario unfolded where Black Book personnel reported, “Awesome sale today with a very high sold percentage. As usual, sales did start dropping off towards the end.”

Elsewhere, the pace wasn’t quite as intense, as the observer in Georgia said, “Consignment and attendance both below normal here today with sales being moderate.” Next door in Tennessee, the story was “Rainy today but an overall positive market outlook with full size trucks leading in demand.”

Out West, the report coming out of Nevada indicated, “Midsize cars and all trucks sold well today with vans a little slower than last week.”

And finally, the Midwest recap indicated dealers might have a little extra work to do before getting the units front-line ready as the situation in Illinois was, “Consignment today had several that had previous paint work and some visible damage but still sold well overall.”