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Used Vehicle Sales

Smaller Cars Bolster April Depreciation

Used vehicles increased 0.4% in value in April, as buyers boosted the value of smaller cars, which have begun to shrug off several years of heavier declines, according to Black Book.

Used Car Market Bracing for Off-Lease Tidal Wave

A record number of newer model year off-lease vehicles returning to dealer lots this year will be putting significant upward pressure on the late-model used market, according to the February 2017 Edmunds Used Vehicle Market Report.

Pickups Show Lowest January Depreciation

Small and large pickups were among the top performing segments in January with a 1.1% depreciation rate among two- to six-year-old vehicles sold in auction lanes, according to Black Book.

Avis Budget Group Teams Up With TrueCar

Through this multi-year agreement, those in the market for a used vehicle can access Avis Budget Group's inventory of well-maintained off-rental vehicles through Truecar.com.

Trucks Keep Yearly Wholesale Values Up

In May, average wholesale values fell relative to April, though they remain up on a year-over-year basis largely because of the price strength of trucks, according to ADESA.

Small Car Values Continue to Drop

Smaller cars, including sub-compact cars and compact cars, are two of the three vehicle segments displaying the greatest single-month drop in value, according to the recent Black Book Market Insights report.

Lower Mileage Rental Units Boost Auction Pricing

For September, the average mileage on units sold decreased below 45,000 miles, according to Manheim. Truck prices increased while car prices continued to decrease in September, according to both Manheim and ADESA.