As we get closer to the new 2014 models are hitting the market and the average age of vehicles on the road continues to rise, Black Book’s Ricky Beggs said age is becoming a factor impacting change in the wholesale market.

With the new model year on the horizon, dealers and buyers are seeing more and more 2013 vehicles in the wholesale market channels, Beggs said.

While highlighting last week’s wholesale trends in his latest “Beggs on the Used Car Market,” video report, the senior vice president and editorial director at Black Book said, “This past week there were 20 models with their initial market-driven values published.”

He also said this trend was affecting price movement this week, as the number of adjustments rose an average of 1,945 per day.

Only 16 percent of those adjustments were increases, which marks the lowest level with the past four weeks and the second lowest number of percentage increases this year, Beggs reported.

It seems wholesale price movement is staying pretty on track with what is seasonably expected.  Beggs said entry-level cars (down 1.02 percent), full-size cars (down 0.58 percent) and entry midsize cars (down 0.52 percent) have had the softest retention this past week, similar to the environment seen last year.

Within the car segments, the average adjustment came in at a decline of $43, after changes of -$41, -$42 and -$41 each of the previous three weeks.

“The cars are maintaining value slightly better this year as compared to the year ago change of -$50,” Beggs said.

On the truck side of things, price declines are picking up, with an average slide of $68, or 0.54 percent.

“A year ago we were at -$47. The last time we saw the trucks change at least at this current level was back at the week ending Nov. 9, at -$70,” Beggs said.

A couple of segments even saw price declines of more than $100: the compact pickups and midsize crossovers both fell by $103.

To view the video report, see below:

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