GAINESVILLE, Ga. — Overall, wholesale prices have continuously trended downward over the past several months. But there have been several categories that have shown more volatility than others, experiencing wild seesaw price changes over the last three months.
“An overall downward adjustment in the market, combined with higher-than-normal gas prices, has contributed to pockets of volatility for certain segments,” said Ricky Beggs, senior analyst at Black Book. “Some segments in particular, including the compact pickups and entry-level cars, have shown above average volatility even though they have outperformed overall segment averages.” The entry-level cars segment — which includes the Hyundai Accent, Chevrolet Aveo, Honda Fit, Pontiac G3, Mazda2, Kia Rio, Nissan Versa — has displayed above-average volatility during the past three months, with prices dropping an average of $82 this past week compared to $4 the previous week. Beggs pointed out that the entry-level car category has performed better than the overall price average for all car segments during this time period.
