LAWRENCEVILLE, Ga. –

It was a “down” week, according to the latest Black Book Market Insights report. Every segment — with the exception of small pickups — saw broad declines in the seven-day period ending Friday.

Volume weighted, overall car values decreased by 0.43 percent last week, similar to the average depreciation rate of 0.40 percent seen in the previous four weeks.

Leading the weekly decline was subcompact cars at 0.96 percent, followed by luxury cars and prestige luxury cars declining at 0.68 percent and 0.57 percent, respectively.

Volume-weighted, overall truck values decreased by 0.37 percent last week. This is similar to the average depreciation rate of 0.30 percent seen in the previous four weeks.

Minivans and full-size luxury crossover SUVs led the weekly decline at 0.81 percent and 0.69 percent, respectively. Small pickup was the only segment with an increase — 0.22 percent — last week.

“The wholesale vehicle market experienced broad declines across most vehicle segments, led by the Sub-Compact Car segment continuing to drop the most,” Anil Goyal, senior vice president of automotive valuation and analytics, said in a news release.

Subcompacts have demonstrated weaker retention compared with the previous year due to rising supply levels and still-low gas prices.

Additionally, lack of spring market strength has worsened the YTD depreciation of subcompact car segment this year. (Click here for more on what's at play in subcompact depreciation.)

Black Book representatives in the auction lanes last week noted a mixed bag. In Florida, Black Book reported: “The market is still slowing down a bit in this location.” And in New Jersey: “Bidding started off on the low side today with many bringing low prices.”

One lane watcher in Tennessee noted, “The highline lanes had a lot of no-sales today,” while another in Tennessee reported, “Good sale here today with midsize cars bringing the most attention.” In Pennsylvania, one watched noted that trucks and SUVs were very much in demand.

Finally, a watcher in Texas reported: “Very hot at today’s auction but consignment and attendance were still normal to above.”