Average wholesale prices were relatively flat in February, as opposing forces largely canceled each other out.

To be more specific, overall car price declines were more than offset by truck price gains; and off-lease price strength was largely offset by softer prices elsewhere.

Within the off-lease segment, the “take-rate” of midsize cars purchased upstream may be higher than that of midsize SUV/Crossovers, which is leaving fewer late-model midsize cars in the lanes and an abundance of midsize SUV/Crossovers.

Watch my February 2019 Kontos Kommentary below:

To read the entire Kontos Kommentary used vehicle market outlook for February 2019, visit http://adesa.com/kontos-kommentary.