LAWRENCEVILLE, Ga. -

As the wholesale industry moved closer to Thanksgiving, both prices — especially for sports cars — and bidding in the lanes noticeably softened as recapped in the latest Black Book Market Insights report.

The report noted an increase in depreciation for nearly all segments across the board as the industry gets deeper into the fourth quarter. Although most segments are seeing accelerated declines, Black Book editors mentioned compact vans stood out by holding their value steady from the previous week.

“Steeper declines, typical in the fourth quarter, continue across all segments. Sporty cars experienced the most, driven by seasonality,” said Anil Goyal, Black Book’s senior vice president of automotive valuation and analytics.

 Volume weighted, Black Book indicated overall car segment values decreased by 0.69 percent last week, higher than the depreciation rate of 0.59 percent seen in the previous four weeks.

As Goyal referenced, sporty car, premium sporty car and compact sar segments declined the most by 1.22 percent, 0.84 percent and 0.79 percent, respectively.

Volume-weighted, editors determined overall truck segment values — including pickups, SUVs and vans — decreased by 0.66 percent last week, higher than the depreciation rate of 0.51 percent seen in the previous four weeks.

Black Book found that the midsize crossover/SUV, minivan and compact crossover segments declined the most by 1.30 percent, 0.99 percent and 0.77 percent, respectively.

Representatives in the lanes noticed dealer bidding dipped a bit just like prices.

Black Book’s lane watcher in Texas reported, “The retail market around this location has become very mixed which has created lower auction sales rates.”

A similar story unfolded in Tennessee where the representative relayed back to editors, noting, “The market has slowed somewhat in this area but full-size trucks still continue to lead demand.”

In Florida, “Sales have become slower here,” Black Book personnel said. “Dealers still searching for lower mileage clean history units.”

Out West, scene in California was, “Tough sale for high-line units today with many no-sales.”

And finally in Washington, “The market is soft here with four-wheel drive units bringing the most attention.”