Truck and SUV Values Fell Faster Than Cars Last Week

The short answer

Trucks and SUVs lost value faster than cars last week. Black Book says overall wholesale prices fell 0.73% in the week ending Oct. 17, 2026, with trucks and SUVs down 0.81% and cars down 0.51%, and all thirteen truck and SUV segments declined (Black Book, Oct. 20, 2026). If you're about to sell a truck, that's a reason to get real offers soon, not to guess.

What Black Book's weekly read shows

You might assume a strong truck market in Texas means your pickup is holding its value week to week. Black Book's national numbers say it's softer than that:

• The pace is faster than normal. For the same week in 2017 to 2019, Black Book's average was a 0.39% drop for trucks and SUVs and a 0.45% drop for cars. This year's truck and SUV drop was about double that.
• It wasn't one bad week. The week before, trucks and SUVs were down 0.75% and the overall market was down 0.70%.
• Every age band fell. Black Book reports trucks and SUVs aged 0 to 2 years down 0.62% and aged 8 to 16 years down 0.77%.
• Buyers are still showing up. Auction conversion improved to 57%, up one point, but Black Book says buyers stayed selective. Demand was stronger for newer, premium and performance vehicles, and results were mixed for EVs and larger SUVs.

Black Book's numbers are national and weekly. They don't break out Texas, and they describe how fast values changed, not what your truck is worth today.

Why condition matters more right now

Black Book says the spread between stronger and weaker vehicles keeps widening. Desirable trims and well-equipped vehicles held value better. Higher-mileage, lower-condition and less desirable vehicles lost more.

That's why two dealers can quote different numbers on the same truck. As a rough illustration only, four weeks at a 0.81% drop would add up to about 3%, but the real figure moves every week and depends on your exact vehicle. For the other side of the market, see our post on the Manheim mid-October reading, and for how Black Book looked at the end of summer, see Black Book's August read.

What to do if you're selling a truck or SUV

1. Don't wait for a rebound. Nothing in Black Book's read says truck and SUV values are turning up, and a month of waiting is a month of depreciation.
2. Fix the cheap things. Condition counts more when buyers are selective. Start by checking for open recalls before you sell. Black Book reported minivan values down 1.15% last week as units delayed by an open recall reached auction lanes.
3. Pull your records. Trim level, options, service history and a clean title help a buyer price your vehicle higher.
4. Compare more than one buyer. How competing offers work explains how several local dealerships can bid on the same vehicle. If you're also buying, trade-in vs. selling outright can help you pick the route.

This article is general information based on one week of national data. Market conditions can change quickly.

Bottom line

Black Book has wholesale truck and SUV values falling about twice as fast as usual for this time of year, with every segment down. Condition and equipment now separate strong offers from weak ones, so compare buyers instead of waiting.

Thinking about selling? Get competing offers. It's free to sellers, first responses typically come the same day (not guaranteed), and offers are confirmed after a physical appraisal.