Truck prices, however, are above last year according to ADESA Analytic Services report. The tale of two markets resumed in March, as wholesale prices were below year-ago levels for cars and above prior year for trucks. Nevertheless, both groups showed price increases versus February’s unseasonably soft results, as retail sales and wholesale activity showed signs […]
Wholesale Used Vehicle Prices Soft in February
Prices up versus last year, but down from previous month According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices, there is further concrete evidence of price softening in February as prices uncharacteristically, and unseasonably, softened rather than firmed versus January. Prices fell for virtually all model years and all model classes. Prices […]
Wholesale Used Vehicle Prices Up in January
Prices up both versus December and 2016. According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices, even with increased supply of used vehicles wholesaled in January, used vehicle prices held up surprisingly well, despite soft retail demand and high new vehicle incentives. Nevertheless, pockets of supply-driven weakness did appear in rental program […]
Wholesale Used Vehicle Prices Declined in December
While down month-on-month, prices remain above year ago levels. According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices, prices did a bit of an about-face in December, as truck price softening, perhaps influenced by higher gasoline prices, drove down overall results. New vehicle incentive activity also remained high, which, along with higher […]
Wholesale Used Vehicle Prices Continued to Rise in November 2016
Prices up both compared to October and November 2015. According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices, trucks continue to drive overall average wholesale prices upward, while car price softening more directly reflects supply growth for the used vehicle market in general. Lower used vehicle prices increase pressure on the number […]
Wholesale Used Vehicle Prices Up in October Versus Last Year
Though prices remained above year ago levels, prices were down month-to-month. Truck prices are up and car prices are down. According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices the softening wholesale price environment became more apparent in October, as wholesale supply continues to grow while retail demand weakened. For the first […]
Wholesale Used Vehicle Prices Fell in August
The average price declined compared to July, but remained above August 2015. Truck prices remain strong. According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices, average wholesale values fell modestly and in line with typical seasonal patterns in August. Prices were again up on a year-over-year basis largely because of the continued […]
Wholesale Used Vehicle Prices Down in July
The average price declined compared to June, but remained above July 2015. Continued strength in truck prices. According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices, average wholesale values fell again in July, but they remain up on a year-over-year basis largely because of the continued price strength of trucks and continued […]
Average Wholesale Used Vehicle Prices Down in June
Prices decline compared to May, but remain above June 2015 According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices, average wholesale values fell again on a month-over-month basis in June, but they remain up on a year-over-year basis largely because of the continued price strength of trucks. A portion of the month-over-month […]
Average Wholesale Used Vehicle Prices Rose Modestly in April
Price rise on both year-over-year and month-over-month basis. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, the traditional Spring tax-season market appeared to wane in April, as average wholesale prices rose only modestly on both a sequential and annual basis. As in previous months, drilling down into the data reveals softness […]