McLEAN, Va. -

Trade-in values are on the rise and it appears that, once again, recent movements are particularly rosy for luxury segments, which have maintained the months-long edge they’ve had over their mainstream peers.

The latest issue of Guidelines from NADA Used Car Guide indicates that, overall, there was a 1.2-percent month-over-month increase in trade-in values for the January edition of the Official Used Car Guide.

The split between car (which were increased 1.3 percent) and truck (up 1.1 percent) segments was relatively modest, while the gap between luxury segments and mainstream segments was more noticeable.

With a much stronger performance than mainstream models, trade-in values on luxury segments were bumped up 2.1 percent, nearly double the average gain for mainstream segments (up 1.1 percent), the report said.

“Luxury vehicles have performed better than non-luxury vehicles since October 2014’s edition,” Jonathan Banks, NADA Used Car Guide senior director of vehicle analysis and analytics, said in the report.

In the latest edition, luxury compact utility values climbed 3.1 percent, as it had the best performance of any segment. At the opposite end of the spectrum, large cars declined 0.9 percent.

Going back to the overall industry movement in trade-in values, the 1.2-percent rise for January follows a 4.1-percent month-over-month dip in December, which Banks said (in the December issue of Guidelines) was “the biggest downward movement for the period in the past three years.”