LAWRENCEVILLE, Ga. -

Perhaps, it’s potentially the second-most encouraging development for dealers who are looking for inventory.

Black Book indicated in its newest installment of Market Insights that wholesale prices not only remain on a downward trajectory, analysts also said that sellers “are becoming more flexible with their floors in the lanes as vehicle values start to decrease.”

Analysts continued in the new report when noting that overall values dipped 0.54% compared to the prior week by saying, “Used wholesale market prices continued their descent this week, but at a slightly lower rate than last week.

“While this is the fourth consecutive week of declining wholesale values, decreases are still relatively modest compared to year-to-date gains,” Black Book added.

Analysts determined that car values recorded a larger drop than trucks.

According to its volume-weighted information, Black Book said car prices decreased 0.63% during the span that ended last Saturday. The previous week’s softening was 1.03%.

Still going counter to the overall reading as well as what’s happening in the car space, analysts pointed out that values for sub-compact cars now have climbed for 24 consecutive weeks with another price gain of 0.31%.

Dealers looking for cars might want to consider midsize models, as Black Book noted values for those particular units dropped 1% last week.

Moving over to trucks, Black Book said its volume-weighted data showed prices in this part of the wholesale market decreased 0.49% last week; slightly more than the previous week when the decline came in at 0.41%.

Workhorses continue to see value upticks, but analysts indicated the gains for compact and full-size vans were minor at 0.07% and 0.09%, respectively.

Conversely, Black Book watched prices drop more notably for subcompact luxury crossover (down 0.94%), followed closely by small pickups (down 0.85%) and subcompact crossovers (down 0.81%).