Top Selling Metro UV Markets for Independents and Franchised Dealers

Auto Remarketing’s “Best in Pre-Owned Performance” special section featured data from CNW Research based on 2012 sales. A few of the charts showed the top selling US markets for used vehicles. Overall, the top five designated market areas (DMAs) last year were New York, Los Angeles, Chicago, San Francisco, and Dallas-Ft. Worth. For independent dealer […]

Electric Vehicles Should Have Terrible Depreciation Year

Plug-in electric vehicles are expected to have the worst decline of any segment this year – down 30%, according to a NADA Used Car Guide special report. “The steep rate of depreciation for used plug-in electric vehicles can be attributed to limited range, manufacturer incentives and federal tax credits intended to offset the higher prices […]

May’s Loss Relatively Mild from Seasonal Standpoint

Jonathan Banks Executive Automotive Analyst NADA Used Car Guide Prices for units up to eight years in age fell 2.1% in May; while it was largest drop since October 2012’s 2.9%, month’s loss was relatively mild from seasonal standpoint. NADA’s price index moved to 122.1 for month – 0.6% improvement over April’s figure 121.3. Index’s […]

Strong Sales Volume Cushioned Price Drop

Tom Kontos Executive Vice President & Chief Economist ADESA Analytical Services Year-over-year wholesale price softening continued in May as they did February through April. The difference this time was that prices fell on a month-over-month basis, indicating Spring/Tax season is winding down or over. A strong volume of sales cushioned some of the price fall […]