Car values declined at a normal seasonal pace last week, while pickup trucks continued to hold their value.

But one segment that has been stable for most of the year is beginning to see prices drop a bit more in the lanes: SUVs.

Anil Goyal, vice president of automotive valuation and analytics at Black Book, said in the company’s latest Market Insights report, “We saw normal declines in the wholesale market last week, which are consistent with seasonality expectations. SUV values that have recently been stable have begun to show some softness.”

Overall last week, car prices dropped by 0.54 percent or $59, while trucks experienced a decline of 0.47 percent or $74. This marks a better performance than trucks saw the prior week, when price drops came in at an average of 0.62 or $97.

To better understand Goyal’s analysis on SUV price movement, take the following stats into account:

• Compact SUVs saw the biggest price drop of any segment last week, with rates falling by 1.53 percent or $300.
• This segment was followed by the full-size SUVs with a decline of 1.18 percent or $223.

Pickups trucks continued to be some of the best performing segments at auction:

• Compact pickups were one of the best performing segments with a decline of just 0.22 percent or $32.
• Full-size pickups only dropped in price by 0.26 percent or $48 last week.

Taking a look at the car segments, the 0.54-percent decline was lower than the average weekly depreciation rate of 0.64 percent seen over the previous four weeks, Black Book pointed out.

The worst performing segments for cars were the full-size (down 1.19 percent or $106), entry level (down 0.85 percent or $53) and sporty car (down 0.70 percent or $108) categories.

The best performing car segment last week was the near luxury car category, whose rates only dropped by 0.22 or $36.

It seems sentiment from the auction lanes and on the lots is in line with the seasonal lull often experienced in early to mid-fall.

Black Book editors overheard a buyer from Michigan note, “Fairly good day for truck sales, but some models didn’t do as well as dealers had hoped for,” while an auction attendee from Tennessee said, "Dealers report that retail has been a little slower this week in this area.”