GAINESVILLE, Ga. -

As wholesale prices and weather conditions varied throughout the country, Black Book’s Ricky Beggs spotted one steady element in the lanes last week.

Black Book’s managing editor explained that dealer feedback showed, “The consistency in all markets lies with the ‘low mileage and mid-priced units are strong,’ while the commercial accounts are mostly short of cars, thus enabling them to hold the line in their floors.”

Earlier in his weekly video update “Beggs on the Used Car Market” he continued to share commentary Black Book survey personnel gathered a week ago.

“I would have to say the comments would best describe the market as ‘varied,’" Beggs noted, “with one auction and report saying ‘the market is steady,’ another referenced there being ‘more no sales with little excitement.’

“Another couple of reports, one from Texas and another from Indiana said the “market was very good,’” Beggs went on to say.

With the lane environment being a little erratic, it might resemble what’s going on outside of the auction building.

“It’s full force into November and there have already been snow storms, not only out West in the Rockies, but in most of the Northeast as well,” Beggs pointed out.

“I am sure the folks at Southern Auto Auction, ADESA Boston, State Line Auto Auction and Manheim New Jersey, along with all the others in the area, are hoping this early covering from the white fluffy precipitation is not an indication of the type of winter ahead,” Beggs said.

“Here in the Southeast the weather continues to be a fantastic fall, making it easier to stand on the lanes and focus on buying the right units,” he added.

After describing broad trends, Beggs went into specific price details Black Book discovered a week ago, including the fact that 32 percent of last week’s adjustments were increases. He pointed out that was the largest percentage of increases in a week since June 24.

When looking at the overall average price change, Beggs indicated both cars and trucks fared better than the previous couple of weeks.

Although all 10 car segments declined, the overall drop was $59, a figure lower than what occurred during the previous week

In fact, Beggs said five of 10 car segments actually decreased less than this figure the week ending Oct. 28.

Black Book found the trending with trucks was even better than the cars.

Beggs noted nine of 14 truck segments resulted in an upward movement from the previous week, but there was still an overall price dip of $29.

“This is the smallest overall change for the past 10 weeks, all the way back to the week ending Sept. 1,” Beggs interjected.

Beggs will be joined by several other Black Book executives next week in Las Vegas for the Used Car Week Conferences, which include the National Remarketing Conference, the CPO Forum and the Re3 Conference

The attendee list is updated daily and posted to the conference websites at http://cpo.autoremarketing.com and http://nrc.autoremarketing.com.

“I look forward to talking with many of you and gaining insight into the market from your viewpoint,” Beggs insisted.

“The bottom line, whatever the activity, consignment, dealer attendance, or type of vehicles on the block, the editors and Black Book survey personnel will be on the auction lanes, reporting the market as it occurs each day,” he continued.

“And let’s hope the early snow is not an indication of what’s to come this winter,” Beggs added.

Beggs’ videos can be viewed here.