LAWRENCEVILLE, Ga. -

While it’s not exactly the case where crickets are chirping in the lanes, Black Book representatives from several parts of the country noticed soft activity at the auction.

Along with recapping the year-over-year differences in full-size pickup prices, this week’s Black Book Market Insights report revealed what dealers are experiencing when making their trips to secure inventory.

In Texas, Black Book’s representative said, “The market has been dropping the last several weeks and continues to do so in this area.”

Two different accounts from Tennessee relayed similar sentiments as one Black Book lane watcher pointed out, “Full-size pickups are in demand but overall, sales are slow,” while the other added, “Buyers say retail is slow in this particular area.”

Down in Florida, the story was, “The market trend in this area is steady to slow,” according to Black Book personnel.

And to the North, it wasn’t much better as Black Book’s representative in Pennsylvania shared, “This week was the poorest buyer response I have seen for this time of year with perfect weather.” In Illinois, the situation was slightly more positive, but Black Book reported back saying, “Prices remain stable at this location even with low attendance.”

Out West, the hammer wasn’t coming down as often in Washington: “It was a below average sale this week with prices down on most models.”

Getting into more detail about prices, Black Book editors decided to shine a spotlight on the full-size pickup segment, which has shown just a slight depreciation curve over the last 16 weeks. Editors explained that what’s interesting here is that a year ago during the same time, this segment showed stronger retention with an increase in value in the same time period.

“Luxury car values decreased at a steeper rate than mainstream brand cars, while pickup trucks continue to show retention strength. Several locations reported slower sales and low attendance at auctions,” said Black Book senior vice president of automotive valuation and analytics Anil Goyal, who will be making multiple appearances during Used Car Week at the Red Rock Resort and Casino in Las Vegas from Nov. 14 to 18.

Volume-weighted, Black Book indicated overall car values decreased by 0.53 percent last week. This reading is higher than the average depreciation rate of 0.43 percent seen in the previous four weeks.

As Goyal previously mentioned, luxury cars led the decline by 0.85 percent, followed by the near-luxury car and sub-compact car segments dropping by 0.79 percent and 0.77 percent, respectively.

Volume-weighted, Black Book determined overall truck values decreased by 0.37 percent last week. This movement is similar to the average depreciation rate of 0.35 percent seen in the previous four weeks.

Pickups and full-size crossovers/SUVs retained good values, according to editors.