Perhaps amid chaos erupting at your dealership, finance company or personal household, the auction segment appears to be a place where the automotive industry can find some stability, based on the newest data and observations from Black Book.

Analysts said in Tuesday’s edition of Market Insights that, “Depreciation in July surpassed typical seasonal levels, yet auction conversion rates remained steady nationwide. As a result, August began with moderating depreciation, down 0.37%, compared to the pre-pandemic average of 0.25%.

“While the overall auction inventory volume saw a slight dip during the month, it remained stable,” Black Book added in the report that also noted last week’s auction conversion rate was 59%.

Pick a piece of the price data Black Book tracks weekly and you’ll often find a number near that overall value decrease. Here are some examples:

—Up to 2-year-old cars: Down 0.26%

—8- to 16-year-old cars: Down 0.35%

—Up to 2-year-old trucks: Down 0.36%

—8- to 16-year-old cars: Down 0.38%

—Compact cars: Down 0.32%

—Compact crossovers/SUVs: Down 0.34%

—Sporty cars: Down 0.39%

—Small pickups: Down 0.36%

There was one anomaly that Black Book mentioned, as values for minivans less than 2 years old dropped by 0.82% last week. But minivans between 8 and 16 years old appreciated by 0.28%, “a notable contrast in performance across age segments,” according to analysts.

Black Book wrapped up its update by noting its estimate of used retail days to turn continues to tick higher, sitting now at roughly 42 days. The metric has been drifting higher since late May.

Will auctions continue to be an oasis of automotive stability?

“As always, our team of analysts are focused on the keeping their eyes on the market for developing trends and gathering insight,” Black Book said.