Many vehicle segments experienced gains last week as conversions picked up. Meanwhile, the retail days to turn estimate stood at 39, analysts reported.
Despite the week's softening conditions, the market analyst said demand for used vehicles showed in competitive bidding for newer units in better condition.
Some segments fared better than others last week, one in particular experiencing sharp value declines.
All car and truck segments continued to decline last week, according to the market watcher.
Two car segments bucked the value-decrease trend last week.
One vehicle segment declined faster than the others.
Analyst keeping particular tabs on electric units after a shopping spike sparked by expiring federal tax credits
Both transactions and values fell back last week following the traditional Labor Day weekend pickup.
Pickups buck depreciation trend for second week
Two pickup segments were the only ones to experience value gains last week.
