Tagged Used Car Prices
May 24, 2016 in Remarketing
According to the latest Kontos Kommentary, average wholesale prices rose slightly. Falling car prices were offset by a rise in truck prices.
May 10, 2016 in Remarketing
Wholesale used vehicle prices inched up in April after starting the year with three consecutive monthly declines, according to the Manheim Index. The average auction price for rental risk units was down 7.5% from a year ago.
April 20, 2016 in Remarketing
Wholesale used vehicle prices in March averaged $10,815 — up 6% compared to February and up 1.7% relative to March 2015. Car prices continue to show year-over-year declines while prices for pickups and SUVs/crossovers show gains.
April 13, 2016 in Remarketing
Wholesale used vehicle prices declined for the third consecutive month, a decrease of 1.6% from a year ago, according to the Manheim Used Vehicle Value Index. Rental risk units had the lowest average mileage since September 2014.
March 23, 2016 in Remarketing
Wholesale used vehicle prices in February averaged $10,202 — down 0.5% compared to January but up a modest 0.3% relative to February 2015, according to ADESA's monthly analysis. Cars and minivans continue to show year-over-year declines while SUVs/crossovers and pickups show gains.
March 9, 2016 in Remarketing
Prices for rental risk units were down 4.1% from a year ago, the lowest February level in three years. The Manheim Index for February finished at 123.3, a decline of 1.4% from a year ago.
February 23, 2016 in Remarketing
In January, average wholesale used vehicle prices were up 0.6% year-over-year and up 4.9% month-over-month, according to ADESA. Truck prices were up 10.5% while car and crossover prices fell year-over-year.
February 9, 2016 in Remarketing
Pickups, both midsize and full-size, remain the strongest segment at auction, while compact cars continue to underperform with a year-over-year decline of almost 9%.
January 20, 2016 in Remarketing
In December, average wholesale used vehicle prices were down 1% year-over-year and down 1.2% month-over-month, according to ADESA. The minivan was the only model class segment to show a significant month-over-month increase.
January 13, 2016 in Remarketing
At 44,375 miles, average mileage in December was down from November and below its year-ago level. The Manheim Used Vehicle Index was up 1.5% from a year ago.
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The 2016 International Car Rental Show convened the first meeting of association directors from around the world that represented an important step to communication, problem-solving, and idea-sharing between the groups.
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