LAWRENCEVILLE, Ga. -

Dealers appear to be hesitant to hit the buy button online or raise their hand in the lanes, and wholesale values are reflecting the behavior.

Analysts arrived at those conclusions and shared more in the latest Black Book Market Insights report that mentioned values softening at higher levels than seen during the previous four weeks.

“Values continued to slide at a faster rate last week with most vehicle segments experiencing larger drops. Higher no-sales were also reported at the auto auctions,” Black Book executive vice president of operations Anil Goyal said in the latest report.

Volume-weighted, analysts found that overall car segment values decreased by 0.51% last week. In comparison, Black Book noted the previous four-week average represented a decline of 0.39%.

Among cars, analysts discovered values of full-size cars declined the most, tumbling by 1.15% or $136.

Again volume-weighted, Black Book said overall truck segment values (including pickups, SUVs, and vans) dropped by 0.54% last week. The previous four-week average in the truck space came in at 0.35%.

In the truck arena, values of compact vans and small pickups declined the most, sliding by 1.01% and 0.89%, respectively.

Meanwhile, multiple Black Book representatives stationed at nearly 60 sales nationwide mentioned the growing trend of no-sales. Here is the rundown:

— From Tennessee: “Small trucks and SUVs seemed to be in demand, but we had lots of no-sales. The market is getting soft.”

— From Michigan: “We had a higher supply of vehicles this week. Retail is not good here so that, coupled with the increase in consignment, resulted in lower values.”

— From Wisconsin: “Lots on no-sales with sporadic bidding or no bids at all, creating downward pressure on prices.”

— From Nevada: “The trucks improved this week, but dealers remain hesitant to add inventory to their retail lots.”