Price Changes for Selective Model Classes – July 2013
- Wholesale used vehicle prices rose in July, 2nd straight monthly increase in Manheim Used Vehicle Value Index
- Although pickups have easily been the strongest segment over the past year, they pulled back modestly in July
- Compact and midsize cars have been seeing more of the price drop in recent months
Used Car Market Reports Review: What’s Up with Softening Prices?
So have you been noticing all the major used vehicle/pre-owned/remarketing reports have lately been saying that used vehicle prices are softening?
You can also easily find a report, or media coverage, or blog post, saying that the used car market is pretty strong. How can that be?
In this week’s Used Car Market Reports, Art Spinella and Tom Kontos address that issue. Prices are softening since a year ago and last month, but the market is still pretty strong overall.
Retail demand is taking care of it – you might sell used cars for less, but if you’re selling more of them, the numbers start looking pretty good.
The Manheim Used Vehicle Value Index is another point of reference. Yes, prices have been softening and going up and down for the past two-plus years. But look at the whole chart – we’ve seen the highest used vehicle value point in early 2011 since that index started up in 1995.
GE’s Unique Perspective on Fleet Solutions
With a fleet of over 17,000 vehicles sporting the GE brand, GE Capital Fleet Services has a unique perspective on issues currently confronting fleet managers. Mark says, "Our customers like the fact that we have to solve problems for our own fleet and that we can leverage the solutions to those problems to help them manage their fleets more effectively."
AFLA 2013 Conference Keynote: The Future of Vehicle Engineering and Maintenance
The world of automotive engineering is moving forward at the fastest pace ever. New technologies make vehicles smarter, safer, more fuel efficient and more fun to drive. At the AFLA 2013 Annual Conference on September 10-13 in Scottsdale, Arizona, Sue Mead, Automotive Media Professional and off-road adventurer and racer, will share insights on new developments […]
Driving the Global Fleet
Fleet Alliance Launches e-fleet Mobile App Leasing and fleet management specialist, Fleet Alliance, has launched e-fleet mobile, a new app for company car and business drivers that allows them to more easily access key support services, update business and private mileage and electronically complete vehicle inspection reports. Learn more Ebbon-Dacs Relocates to Gear up for […]
