Was it a good week or a bad week?

Well, that depends on what kind of vehicles you’re looking at.

Canadian Black Book’s weekly Market Insights report showed the Canadian wholesale used-vehicle market down 0.21% for the week ending May 9, a milder slide than the previous week’s 0.32%.

But that’s not the whole story.

Truck/SUV values took a dive, dropping 0.37%. As has been the case for more than a month, much of that drop was driven by full-size vans, which were down 2.50% — a huge loss of $823. That segment’s value has fallen off a cliff, with its average wholesale price decline approaching $3,000 over the past five weeks.

Other significant declines were recorded by company vans, down 1.64% ($281), and full-size crossovers/SUVs (0.73%, $336), while full-size luxury crossovers/SUVs were the only truck/SUV segment to gain value, up 0.15% ($112).

On the other hand, five of the nine car segments were on the positive side — though not by much — as the overall category broke even for the week. Sporty cars (0.24%, $71), full-size cars (0.19%, $39) and luxury car (0.18%, $84) led the gainers. Sub-compact cars offset those gains, decreasing 1.55% ($156).

Auction conversions held steady averaging 48.3%, while the average retail prices climbed slightly to $37,700.

In the U.S., the wholesale market began to come down from its spring bounce, finishing the week flat. Black Book analysts said pricing gains became less consistent despite steady buyer activity and an increase in auction sales rates to 64%. Clean, well-equipped vehicles showed strength, while average-condition inventory faced “selective bidding.”