Tagged Used Car Prices

Pickups Remain Strongest Vehicle Segment at Auction

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%.

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Used Vehicle Prices Drop in December

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.

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Manheim Index Up, Risk Average Mileage Dips

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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November Used Vehicle Prices Continue Upward Trend

Average wholesale used vehicle prices were up 1.1% month-over-month in November — largely driven by truck prices as in previous months, according to ADESA.

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Used Vehicle Prices Decline in November

Although wholesale used vehicle prices dropped in November, the Manheim Used Vehicle Value Index was up 1.5% from a year ago. Prices for pickups and sports cars remained strong in November.

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Trucks Drive Used Vehicle Prices Higher

Similar to September, prices for trucks pushed up average prices in general during October. Average wholesale used vehicle prices were up 5.2% year-over-year and down 0.6% month-over-month, according to ADESA.

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Used Vehicle Prices Fall From Year Ago

For the first time since August 2014, average wholesale used vehicle prices fell on a year-over-year basis, according to ADESA.

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Used Vehicle Prices Fall Below $10K

For the third month in a row, average wholesale used vehicle prices fell significantly on a month-over-month basis, falling below $10,000 for the first time this year, according to ADESA.

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Used Vehicle Prices Continue to Rise After Four-Month Decline

Wholesale used vehicle prices slightly increased in July, bringing the Manheim Used Vehicle Value Index to 124.1. After a four-month decline, the prices have inched up in June and July.

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Used Prices Perform Stronger in Truck Classes

Average wholesale used vehicle prices rose in March on both a month-over-month and year-over-year basis — up 4.7% compared to February and up 2% relative to March 2014, according to ADESA Analytical Services‘ monthly analysis of wholesale used vehicle prices. The truck classes (vans, SUVs, pickups) performed much stronger than the car and crossover classes.

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