Openlane: Auction Prices Up 4% Year over Year

Results from the latest edition of the OPENLANE Market Index report show that U.S. auction prices decreased 5 percentage points in January compared to December 2010 prices, but ended 4 percentage points above levels one year ago in January 2010. 

Highlights from the February Market Index report include:

  • Car prices decreased 7 points in January, but remained above January 2010 levels
  • Minivan prices increased, up 5 points from December
  • SUV and Truck prices both dropped in January, down 3 percentage points and 4 percentage points, respectively
  • Interest in Cars and Minivans increased, with Car interest rising 7 points and Minivan interest spiking to exceed January 2010 levels by 11 points
  • SUV interest was slightly down last month and Truck interest remained flat

For more details on the highlights above, click here to view Market Index Report in its entirety.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Auto Manufacturers: Mobility Disruptors or Fleet Providers?

Maven’s Alex Keros shares insights into evolving smart mobility business models and new opportunities with fleet management.

What is Your Time Worth?

Personal observations of retail and travel transactions reveal just how much a consumer’s time is worth today, and how increasingly intolerant we are of inefficient transactions.

Safeguarding Your Business with Brokers

While the high-profile bankruptcy of Atlas Choice has left many car rental companies wary of working with brokers, rental companies can take steps to protect themselves and ensure a productive relationship.

Job Finder: Access Top Talent. Fill Key Positions.

>