MISSISSAUGA, Ontario -

In the recently released latest update to the ADESA Canada Used Vehicle Price Index, the drill-down into segment pricing trends included in the analysis shows somewhat of a mixed bag.

What the analysis uncovered was that the six segments in the data were split between strong gains, declines and stability.

Overall, ADESA’s data — powered by ALG Canada — indicates that the index through February was static from its January level. Officials found that the average uptick in wholesale prices was 1 percent from January, on a seasonally adjusted basis.

As for the individual segments, results varied.

“Price movements between segments were mixed in February,” officials noted. “The full-size pickup and minivan segments recorded sharp upticks in selling price, increasing by 6.8 percent ($1,106) and 5.2 percent ($464), respectively.”

Conversely, there was a 4.3-percent drop (or $696) in the price of midsize SUVs, while compact SUVs were off 1.1 percent (or $134). Midsize and mid-compact cars saw “virtually no change” in their values, officials added.

Offering some overall economic commentary, officials shared: “The Canadian economy continued to exhibit resiliency in February — consumer confidence rose 1.3 points to 75.2 due to an improved outlook on Canadian labor markets, the unemployment rate decreased 0.2 percentage points to 7.4 percent as fewer people were searching for work and national gasoline prices spiked by approximately $0.07 per liter to end the month at $1.28 per liter.”

To see what ADESA Canada president and chief operating officer Stéphane St-Hilaire had to say last month about the wholesale market’s robust start to the year, read Auto Remarketing Canada’s story here.