Report analyzes results of the last week before U.S. trade tariffs were set to take effect.

Larger-than-normal increases distinguished last week's market.

Black Book was monitoring the effect of trade tariffs and consumer tax refunds on used-vehicle prices.

Subcompact cars have consistently seen high depreciation, including last week.

Wholesale market is stabilizing, based on last week's activity.

Auction business resumed a more normal pace after the holidays last week.

Stability appears to be taking shape in the wholesale market, as both online and-person bidding proves healthy.

The wholesale market reflected seasonal normals last week.

Market watcher reports that declines were under prepandemic averages last week.

The overall wholesale market experienced more depreciation last week.