Art Spinella President CNW Research Used-car industry may well be seeing end of year-over-year declines in transaction prices, if September’s early weeks were any indication; Franchised and independent dealers see transaction prices go up – 1.22% up over last year for franchised and independent dealers seeing prices shoot up nearly 12% over September 2012; Days’ […]
Alec Gutierrez Senior Analyst Kelley Blue Book Seasonality and influx of supply expected later this year should put downward pressure on used vehicle values; KBB expects auction value depreciation to resume at a faster pace in Q4; Minivan auction values were higher year-over-year, mid-size vehicles were slightly up, and luxury values decreased during August; Mid-size […]
As Wheels’ George Belcher and Patrick O’Connor mentioned (see above), used vehicle values are undergoing changes. Gasoline prices are expected to stay at present levels. What’s the forecast that it could have on used vehicle prices for fuel efficient vehicles? Here’s what some of the experts predict in the upcoming months........