October didn’t disappoint as a month that historically brings about some pretty dramatic price drops in the lanes.

Overall, the average price of a used vehicle for model years 2009 through 2013 saw the largest wholesale price drops this year with a 2-percent decline.

And according to Black Book data, this past month, two car segments saw prices drop by at least 4 percent: the full-size cars, with a 4 percent drop, and the compact cars, which saw prices drop 4.4 percent.

Full-size cars finished out the month with an average price of $11,848, while the compact cars wrapped up October with an average rate of $9,327 in the lanes.

And as gas prices drop, consumer interest in more fuel-efficient rides is waning, pushing rates down for some of the smaller segments.

In fact, three of the five segments with the largest October depreciation were all car segments and fall under the more fuel-efficient umbrella.

Compact cars led the pack with a hefty decline, followed by the entry-level cars and entry-midsize cars, both with a drop of 3.5 percent.

Ricky Beggs, editorial director of Black Book, said falling fuel prices are certainly having an impact on demand for fuel-efficient vehicles.

“Entering November, fuel prices continued inching near $3.00 per gallon, causing a continued ripple effect across the entire automotive landscape. These prices are expected to fall further, placing extended demand concerns on smaller cars ahead of the spring selling season after the new year,” Beggs said.

Switching gears to take a look at the sportier car segments, the story last month was quite different in this market.

For the second month, the premium sporty cars saw the lowest depreciation rate for all car segments, with prices declining by 1.6 percent. This segment finished out the month with an average segment price of $48,976.

Not surprisingly, given the strong price retention seen earlier this year, compact pickups led all truck segments in October with one of the lowest price drops for the month, seeing prices fall by 3.5 percent.

A compact pickup sold for an average of $15,907 in the lanes this past month.

This was right behind the full-size cargo vans with a 2.1 percent drop and the full-size passenger vans with a 1.7 percent slide.

Overall, domestic cars saw the steepest declines in October with a 3.2 percent drop, followed by the import cars, which saw prices decline 2.3 percent last month.

Domestic trucks saw prices drop by 2.1 percent, and import trucks fell by 1.3 percent.