GAINESVILLE, Ga. -

During his latest video analysis, Black Book managing editor Ricky Beggs gave broad assessments of wholesale market behavior, since Thanksgiving prompted auctions to move sale days and dealers had to adjust their weekly rituals.

In his latest edition of “Beggs on the Used Car Market,” the veteran analyst said, “It’s amazing how many attending dealers have a set weekly routine as they look for any needed inventory.”

Black Book is continuing to see market adjustments attributed to the resupplying of the market due to the number of vehicles damaged by Hurricane Sandy.

The firm said the week of Thanksgiving required a slight increase in the total number of vehicles adjusted each day as well as the percentage of those adjustments that were increases to the previously published values.

“This is probably indicating a stronger market than the actual values showed while overcoming the typical seasonal trends one would expect,” Beggs said.

Editors mentioned that another point of interest during the past week was the price strength by later model years. Beggs indicated there were cases of units from the 2012 and 2011 model-years increasing in values while vehicles from the 2010 and 2009 model-years sustaining declining demand and values.

“On the other end, one of the Black Book survey personnel from the Florida market commented on the interest and need for some older vehicles in at least average condition and miles,” Beggs said. “Did I say the tax season purchases might already be starting?”

As the industry enters the final month of the year, Black Book contends there will be a “big” push from the new-vehicle side of the industry to have a strong finish.

“This could include some direct and indirect incentives, driving more trades and maybe even a larger number of not as old or with as high of mileage levels back into the market,” Beggs said. “Where I earlier mentioned the strength in values of some late-model units, any extra incentives could change the most recent trending.

“Throw in these extra trades, the need for tax-season cars, the extra demand for Sandy replacements and the continuing lower gas prices at the pump, and we have numerous factors that could pull the market in both directions,” Beggs said.

“Have a great week and we look forward to seeing you on the auction lanes again this week,” he concluded.

Beggs’ video can be viewed below.