Prices up both on a month-over-month and year-over-year basis. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, it would appear that the 2019 spring/tax season market started later but lasted longer than other years, as average wholesale prices were up on both a month-over-month and year-over-year basis in May. Retail used […]
Wholesale Used Vehicle Prices Up in March
Prices up both on a month-over-month and year-over-year basis. Car segments starting to hold up better. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, average wholesale prices, average wholesale prices and retail used vehicle sales were strong in March, typifying the usual spring/tax season market uptick. In addition, the analysis increasingly […]
Wholesale Used Vehicle Prices Down in December versus 2017
While down year-over-year, prices were up slightly versus November. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, average wholesale prices in December fell on a year-over-year basis for the second month in a row and for the seventh time in 2018, supporting its expectation of general price softening due to supply […]
Wholesale Used Vehicle Prices Down in September
Prices were down on both a month-over-month and year-over-year basis. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, as the wholesale used vehicle market enters the period of time comparable with last year’s hurricane season, wholesale prices will be challenged to meet last year’s high, demand-driven levels. This is reflected in […]
Wholesale Used Vehicle Prices Up in August
Prices were up on a month-over-month and year-over-year basis. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, retail demand and upstream remarketing were key contributors to wholesale used vehicle price growth in August, as prices increased on both a month-over-month and year-over-year basis. Generally, lower used vehicle prices increase pressure on […]
Wholesale Used Vehicle Prices Record Slight Uptick in July
Sales mix continues to shift towards trucks and younger off-lease vehicles. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, after four months of year-over-year declines, average wholesale used vehicle prices registered a slight increase in July. However, this was primarily due, once again, to a shift in sales mix towards the […]
Wholesale Vehicle Prices Down in May
Third consecutive year-over-year decline in May. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, average wholesale used vehicle prices registered their third consecutive year-over-year price decline in May. However, prices were again seasonally strong and retail used vehicle sales were solid, especially for independent used vehicle dealers. Wholesale prices remain strong […]
Wholesale Used Vehicle Prices Down in April
Second consecutive month with year-over-year declines. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, average wholesale used vehicle prices registered their second consecutive year-over-year price decline in April. However, April prices were seasonally strong, despite softer retail demand. Prices appeared to be particularly strong for off-lease vehicles, which is testimony to […]
Wholesale Used Vehicle Prices Down in March Compared to 2017
First declines since August 2014 According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices the average wholesale used vehicle prices registered their first year-over-year price decline since August 2014, continuing the general softening pattern seen since the impact of the hurricanes waned in late 2017. Retail used vehicle sales, including CPO sales, […]
Wholesale Used Vehicle Prices Soften in December
According to ADESA report, cars are down while trucks continue to increase. According to the ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, while the impacts of Hurricanes Harvey and Irma having lasted primarily from late-August through mid-November, wholesale prices in December returned to patterns seen prior to those events. Namely, prices for […]