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Last Year Down Nearly 1% from 2012 in Value and Retention

Gutierrez_Alec_Kelley

Alec Gutierrez
Senior Market Analyst, Automotive Insights
Kelley Blue Book

Auction values during 2013 finished the year less than 1% lower, in terms of both dollar value and retention, than those seen in 2012. Average auction value retention in 2013 for model years 2012, 2011 and 2010 finished the fourth quarter at 57%, which was down from 63% at the start of the year.

Here’s the Latest Used Car Blue Book Market Report

Auction Values Fell $740 or 4.4% on Average in Q4 2013:
That made for a larger decline than the previous three quarters of 2013.

Top Models for 2013 Retained Auction Value for Subcompact and Compact Segments:
Subaru Impreza and Honda Fit, followed by Hyundai Veloster and Scion xD.

For Used Car Shopper Activity on KBB.com in December:
Increased for high fuel efficiency segments w/ hybrids rebounding from previous month’s declines.

Jan 22, 2014tedroberts
ALG’s Economic Forecast for 2014 Residual ValuesLeasing Credit Approvals Improved Slightly in December
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