Tagged Used Car Prices

Rental Car Purchases Highest in Eight Years

In June, the new vehicle SAAR (seasonally adjusted annual rate) climbed to almost 17 million — with the help of higher sales into rental, according to Manheim Consulting.

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May Used Prices Dip After Four-Month Increase

After increasing for fourth consecutive months, wholesale used vehicle prices declined in May. But with the Manheim Used Vehicle Index at 124.7, this is still an increase of 4.7% from a year ago.

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Used Vehicle Prices Up 5.4% Year-Over-Year

Although wholesale prices in May dropped 1.5% from their April spring-market/tax-season peak, they still remain above year-ago levels — up 5.4% from May 2013, according to the latest Kontos Kommentary from ADESA Chief Economist Tom Kontos.

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April Used Vehicle Prices Up 3.7% From Year Ago

Wholesale prices remained at high levels in April, reflecting scarcity in supply and abundance of demand, according to the latest Kontos Kommentary from ADESA Chief Economist Tom Kontos.

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Used Vehicle Prices Rise Again in April

In April, wholesale used vehicle prices continued to increase for the fourth consecutive month. The Manheim Used Vehicle Index now stands at 124.9, an increase of 4.8% from a year ago.

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ADESA: Used Vehicle Prices Rebound in March

Wholesale used vehicle prices for March were up 6% compared to February and up 4% relative to March 2013, according to ADESA Analytical Services' monthly analysis.

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Manheim: Used Vehicle Prices Increase 3.3% in March

Wholesale used vehicle prices continued to increase and rose 0.9% in March. The Manheim Used Vehicle Index now stands at 124.4, an increase of 3.3% from a year ago.

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ADESA: Feb. Used Vehicle Prices Up 0.9% from Year Ago

Although wholesale used vehicle prices were down from January, the prices were up 0.9% on a year-over-year basis, according to ADESA. Continued wholesale supply growth was coupled with weaker retail demand.

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Manheim: Used Vehicle Prices 1.1% Higher Than Year Ago

Wholesale used vehicle prices rose 0.8% in February while used vehicle sales declined 1.3%. The Manheim Used Vehicle Value Index now stands at 123.3, an increase of 1.1% from a year ago.

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ADESA: January Used Vehicle Prices Down 0.5% from Year Ago

According to ADESA, wholesale used vehicle prices continued to soften in January due to volume growth, which continues to put downward pressure on prices, and weather conditions restricting retail demand.

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