As we wrapped up August in the lanes last week, prices continued to trend downward — creating an optimum buying environment at auction, said Black Book’s Ricky Beggs.

And it was a busy week at the auction, too, the Black Book editorial director said in his latest “Beggs on the Used Car Market” video report.

There were an average of 2,079 price adjustments for vehicles occurring each day, which marks the most price changes seen since the week ending Aug. 1, said Beggs.

The cars saw an average price drop of $81 this past week, a number which Beggs says is “pretty steady,” as the level of decline over the past six weeks sits at an average of $76.

But as last week’s auction action tended to lend itself to buyers, there were a few car segments that saw larger-than-average drops, with three segments touting over than $100 price decline.

The premium sporty cars fell by the largest dollar amount, dropping $127, or 0.29 percent.

But as Beggs pointed out last week, the smaller segments are seeing prices dip in the lanes, as well.

For example, the entry level cars saw the largest percentage drop last week, falling by 1.35 percent, or $92.

Trucks once again proved stronger in the lanes, notching the smallest average decline in segment prices over the past eight weeks with a drop of only 0.19 percent, or $29.

The compact SUVs showed strength in the lanes with a $3 price increase. The compact pickups are also performing well, with only a $4 drop last week.

Beggs also pointed out one “big swing in market movement” among the truck segments; the full-size SUVs only dropped $11 last week, after the previous two-week average was a downard movement of just over $103.

On the other hand, the luxury SUVs — similar to the majority of luxury segments — have been seeing larger auction price declines.

This segment saw a decline of $97 last week, according to Black Book data, continuing a five-week trend of large price drops.

As we move forward into fall, Beggs explained Black Book will be watching price movement in the lanes carefully as model years shift.

“The used market seems to making its move and this time of the year it is being driven for the late-model units due to another model year of vehicles coming into the market,” said Beggs. “Many of our survey personnel have pointed this out in their summary reports. As the editors have attended auctions this week, this is also a consistent comment. The positive side is that there is another model year coming so we will be seeing plenty of models with major changes, others with minor appearance or drive train changes and even a few totally new to the market.”

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