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According to ADESA Analytical Service’s July analysis, prices declined between June and July for virtually all model classes. Minivans and mini SUVs were hit the hardest, with price declines of 5.7% and 3.8%, respectively.
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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.
Read More →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.
Read More →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.
Read More →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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CPS (Consumer Portfolio Services) announced its top performing auctions through its Auction Recognition Program for 2013 at the CAR conference in Las Vegas in early March.
Read More →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.
Read More →Auto manufacturers are ready to pump out more cars. Could this mean higher incentives and lower residuals?
Read More →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.
Read More →According to ADESA, wholesale used vehicle prices resumed their softening in December due to rebounding supply, which is putting downward pressure on wholesale prices.
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