Jonathan Banks Executive Automotive Analyst NADA Used Car Guide November used vehicle prices had predictable reaction following Hurricane Sandy; Market had seen 2.1% decline in month before hurricane and conditions improved in November to see 1% decline for the month; One point or $155 in depreciation was in line with NADA’s estimated lift of 0.5-to-1.5%. […]
Tom Webb Chief Economist Manheim Consulting November wholesale prices were flat, but the outcome depends on how you look at it; Rose by 0.6% w/ seasonal adjustment; Index stood at 122.6, 1% decline from year ago, 25% increase from bottoming out in December 2008 and 4% decline from all-time high reached in May 2011. Click […]
Manheim Used Vehicle Value Index Report – November 2012
Used retail sales in the US during November saw a strong month compared to a year earlier, according to Art Spinella, President of CNW Research. Total market value for the sales reached $27 billion compared to $23.8 billion a year earlier.
Used vehicle sales reached 2.98 million units in retail sales in November, up from a year ago by…
Used cars continued to increase their share of total used vehicle sales versus a year ago, this year reaching…
Used car shoppers are going out of their local market in increasing numbers – in November, the percentage reached…
Click here to read a summary of Art Spinella’s monthly retail used vehicle sales figures and analysis…