STAMFORD, Conn. -

After months of declines, used-car prices showed a small increase in July, with the larger sedan segments leading the pack.

Wholesale values saw an increase of 1.2 percent this past month when compared to June, according to the latest RVI Market Update.

The year-over-year climb was even larger, showing prices up by 3.9 percent.

And as gas prices slid downward for the third straight month, larger sedan segments saw the highest sequential price jumps in July.

Full-size sedans (up 2.7 percent from June) and luxury full-size sedans (up 1.9 percent from June) saw some of the highest price increases in July, while small pickups (down 0.7 percent from June) and small SUVs (down 0.4 percent from June) were the only segments to see a decline.

The current month, however, may tell a slightly different story for pickups, as NADA Used Car Guide stressed last week that large pickups are continuing to show strength in the lanes.  Prices were expected to increase by 0.4 percent, or $75, over the course of the week of Aug. 13.

On the other hand, SUVs are continuing to see rising depreciation rates, which experienced stronger retention during the spring.

This past week, NADA UCG predicted the large SUV segment to fall by 0.4 percent, or $100.

On the new-vehicle side, RVI reported that new vehicle transaction prices were also on the rise last month. Rates increased by a slight 0.1 percent from June and 1.2 percent year-over-year.

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