Looking back at October, Black Book data shows that prices in the lanes dropped by almost double the rate seen in September, following seasonal trends dealers have come to expect.

Black Book senior vice president and editorial director Ricky Beggs reported that used vehicles model years 2008-2012 depreciated by 2.1 percent in October. This was up considerably from the 1.3 percent price drop reported in September, according to Black Book data.

“The depreciation levels during October are in line with what we’ve seen over the last few years at this time,” said Beggs.  “Used vehicles see larger depreciation compared with other times of the calendar because the new model year has just arrived at the dealerships.”

Full-size pickups — a segment that has seen considerably better retention rates than most this year  — experienced one of the strongest monthly depreciation levels this past month as well, falling by just 1.1 percent.

The full-size pickups were joined this time around by the full-size CUVs, which also saw a decrease in price of 1.1 percent in October.

At the end of October, the average price for full-size pickups was $23,073, which marked a 4.5 percent decline year-over-year.

Though the segment saw a bit of a drop from 2012 levels, this is the second straight month that this vehicle segment led all segments with monthly and annual retention strength, according to Black Book data.

Beggs also reported the best-performing car segment was the premium sporty cars, touting a decrease of 1.6 percent last month.

This segment saw prices end October at an average wholesale value of $46,656. And though the segment performed well when compared to September, this rate represents a 14.1 percent drop from the same time a year ago.

Turning the page to look at some of the segments that saw the biggest declines last month, leading the pack was the full-size cars, which saw a drop of 3.4 percent.

The average wholesale price for this segment finished at $12,826, which represents a 15.9 percent change from the same time a year ago.

A few other segments also saw a price drop of at least 3 percent last month, including passenger minivans (-3.1 percent); entry sporty cars (-3.1 percent); and compact SUVs (-3.0 percent), Black Book reported.

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