GAINESVILLE, Ga. -

Prices in the lanes continue to fall as more 2013 models make it into the wholesale market channels, helping to loosen used supply.

Black Book’s Ricky Beggs reported that “prices on used vehicles continue their fall” as only 14 percent of all price adjustments last week were increases in value.

In the latest edition of “Beggs on the Used Car Market,” he shared that more 2013 model-year units are coming into the wholesale market channels.

As trends like this bolster already loosening used supply, prices are expected to continue falling in the near future.

Looking at the overall performances of vehicle segments at auction last week, cars experienced better retention levels than seen in prior weeks.

The average car segment change was a decline of $35, with five of the 10 car segments experiencing smaller declining levels than the prior week.

Beggs said, “The dollar variance range was one of the closer levels I can ever remember seeing,” ranging from -$18 for the near luxury cars to the largest declining segment, the luxury level cars, at -$51.

“With an average car segment percentage change of only -0.25 percent, that is well below normal pre-recession levels,” he added.

For trucks, the segment prices remain relatively strong, even after requiring more adjustments and experiencing more downward movement than the cars during the past six weeks, Beggs explained.

This past week, the truck segments fell an average of $54, which is also the largest weekly decline for trucks since Nov. 16, when prices fell by $65.

That said, prices for trucks were falling an average of $58 a year ago, “so today’s market is very similar,” Beggs said.

On a more positive note, half of the truck segments experienced a percentage depreciation change that was less than the average car segment change.

For example, the midsize pickups, which had seen declines during the previous four weeks, “returned to a very small change of only -$3 for this past week,” Beggs said.

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