It seems the Labor Day holiday and strong sales put a temporary hold on fall depreciation, according to Black Book’s Ricky Beggs.

That said, only 12 percent of price adjustments last week were price increases, which marks the smallest level recorded this year, he reported in his latest “Beggs on the Used Car Market” video report.

And the average number of changes per day of 1,465 was the lowest level since the previous holiday week of July 4, according to the report.

Auction prices are following the seasonal trend, but the movement in the market for this week following the Labor Day holiday had slightly lower declining levels.

For cars, the average price drop was $55, compared to the previous week’s slide of $61.

Trucks saw an even lower average change, dropping by $37, after seeing a decline of $71 the week before.

Beggs, editorial director and senior vice president of Black Book, reported 12 of the 14 truck segments had better retention change levels this past week.

What’s in store for the coming weeks?

Beggs explained that if the market follows seasonality trends, “the year ago volume of over 2,000 daily changes for the next six-week period will potentially bring us to increased adjustment activity this year.”

To view the latest “Beggs on the Used Car Market” video report, see below: