Wholesale Trends Remain ‘Positive’ 

Wholesale Trends Remain ‘Positive’ 

Critical Shifts:

  • Trucks are Driving Market Acceleration: The overall truck segment saw a massive jump, increasing +0.69% (compared to just +0.18% the previous week). Most notably, Full-Size Pickups (2–8 years old) skyrocketed with a +1.37% increase, signaling intense dealer demand for utility units despite high fuel prices.
  • Compact Cars are Hitting Record Peaks: Demand for smaller, fuel-efficient vehicles is surging. The Compact Car segment rose +0.72%, officially surpassing the peak weekly increase recorded in April 2025.

  • Auction Buyers are Getting Pickier: While prices are rising, the auction conversion rate actually dipped to 65% (down 3 percentage points). This indicates that while buyers are willing to pay more, they are becoming highly selective, favoring "clean," late-model inventory over lower-quality units.

  • Late-Model "Sporty" Cars are Heat-Seekers: The 0–2-year-old Sporty Car segment saw an accelerating gain of +0.74%. This is a massive jump compared to the modest +0.15% gain seen during the same week in 2025, suggesting a robust seasonal appetite for performance vehicles.

  • Auction conversion came in at 65% (−3pp WoW), with steady buyer engagement supporting healthy—but more selective—sell-through, according to Black Book Market Insights.

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Price trends remained positive and accelerated, led by trucks (+0.69%) and supported by cars (+0.34%), as demand continues to favor late-model, clean utility units. The market remains stable but segmented, with strong performance in SUVs and pickups offset by softer, more variable results in sedans and EVs.

On a volume-weighted basis, the overall Car segment increased +0.34%. For reference, in the previous week, cars increased +0.28%. The 0-to-2-year-old Car segments were up +0.38% and 8-to-16-year-old Cars increased +0.19%. Eight of the nine car segments aged 2 to 8 years saw value increases last week, alongside gains in seven segments within the 0 to 2-year category and six segments among vehicles aged 8 to 16 years.

Gains in the Compact Car segment continued to accelerate last week, rising +0.72% versus +0.56% the week prior. For context, the previous peak weekly increase in 2025 was +0.70%, recorded in the third week of April. The late-model (0 to 2-year-old) Sporty Car segment also showed accelerating gains last week, rising +0.74% compared with a +0.15% increase during the same week in 2025.

The volume-weighted, overall Truck segment increased +0.69% compared to the increase seen the prior week of +0.18%. The 0-to-2-year-old models saw an average increase of +0.58% and the 8-to-16-year-old models experienced an average increase of +0.36%. Twelve of the thirteen truck segments aged 2 to 8 years posted value increases last week, with gains also seen in twelve segments among 0 to 2-year-old vehicles and eight segments in the 8 to 16-year group. Despite the high fuel prices, the Full-Size Pickup segment saw accelerating gains across all age groups: 0–2-year-olds rose +0.90% (vs. +0.08% the prior week), 2–8-year-olds increased +1.37% (vs. +0.18%), and 8–16-year-olds climbed +0.25% (vs. +0.06%).