And Black Book’s Used Vehicle Retention Index — another indicator of wholesale prices, weighted based on registration volume and adjusted for seasonality, vehicle age, mileage and condition — fell 0.1 percent in April from March.
There is a caveat, Yurchenko said: Certain vehicle segments in high demand continued to appreciate, while some subsegments declined faster. In a release discussing Black Book’s April index, Yurchenko said wholesale prices in the most compact to full-size mainstream vehicle segments underperformed. However, the prices of smaller and cheaper subcompact vehicles, such as sedans and crossovers, overperformed in April, he said.
In a typical year,