Taking a look at last week’s auction price movement, Black Books editorial director Ricky Beggs said it is evident the industry is “fully engaged in the beginning of the fall market.”

We have now officially begun the season, and the signs are showing in the lanes.

Beggs pointed out in his latest “Beggs on the Used Car Market” video report that overall price movement as well as a growing number of no-sales is indicative we have hit autumn at the auction.

Last week's price movement echoed the prior week, when price drops heated up in the lanes.

That said, Beggs pointed out the weakness often associated with a full-fledged fall market hasn’t hit yet, as 24 percent of the 1,850 vehicles adjusted daily last week were increases.

“That is not an overly large level, but it is greater than any week since the week ending July 11, 2014, which came in at 27 percent. Last year for this time through the first of November the levels ranged from only 9 percent up to 18 percent,” Beggs said.

“We are keeping our eyes on the current used market to see if and when the market jumps into full fall mode,” he added.

Taking a look at the truck segments, prices fell by an average of $45, which is the lowest drop in the past four weeks.

The compact and full-size pickups once again led the pack in retention, dropping by only $6 last week.

The midsize SUVs stayed consistent this past week, dropping by an average of $20, after seeing prices fall by $16 the previous week.

“Last week we reported some significant decreases in values in all of the full-size utilities. Each of those had smaller, and more typical changes this past week,” Beggs said.

Looking at the price movement for the cars last week, Beggs said the $66 drop “is pretty consistent with the pattern of changes of the cars over the past 11 weeks.”

Entry level cars continue to buck the trend with a $12 drop last week. This segment has seen the lowest depreciation among the cars over the past three weeks, according to Black Book data.

“It is interesting that even with the lowering gas prices all of the four more fuel efficient segments are under the overall segment level change,” said Beggs.

To view the latest "Beggs on the Used Car Market" report, see the video above.