LAWRENCEVILLE, Ga. -

While wholesale prices for cars and trucks edged lower, Black Book’s latest Market Insights report contained details to refute the notion that it’s a soft September in the auction lanes.

In fact, Black Book executive vice president of operations Anil Goyal said, “Used-vehicle prices declined slightly last week, although the used market remains relatively strong post Labor Day.”

The newest report indicated that on a volume-weighted basis, overall car segment values decreased by 0.18% last week. That’s coming off of a four-week stretch when analysts noticed that market values remained flat

Among cars, analysts pointed out the values of midsize cars and sporty cars remained strong with each inching lower than the cost of a drive-thru meal.

Looking at volume-weighted truck data, Black Book determined overall values (including pickups, SUVs, and vans) declined by 0.28% last week. That’s more than double the four-week average drop of 0.13% analysts previously pegged.

In the truck space, values of compact vans decreased the most, according to Black Book, sliding by 1.32% or $122.

Rounding out the latest report was the anecdotes Black Book shared from its representatives stationed at nearly 60 sales nationwide. Here are those observations:

— From Nevada: “Buyers are being more cautious as they made their purchases. Mid and full-size SUVs performed well.” Greg in NV

— From Pennsylvania: “It just seemed like an average sale today. SUVs sold well, especially the ones that were offered in the off-lease lanes.”

— From Arizona: “Still a fairly steady market. Trucks and clean, low mileage vehicles brought top dollar.”

— From Illinois: “Some account reps were expecting a large post Labor Day dip in the market, but that was not the case today.”