Used Car Auction Value Performance Over Past Three Years

• Kelley Blue Book tracked used car auction value performance – seeing it reach three year low
• Expect used vehicle values to depreciate through end of year
• Should be no more than 3% to 5% below where they ended in 2012

Auction Sales Volume Expected to Accelerate this Year

Dr. Ira Silver NAAA Economist National Auto Auction Association In Q1 2013, an increase in dealer consignment was offset by decline in commercial consignment and overall auction sales volume declined 0.4%. While down from increase in Q4 2012, recent monthly figures show significantly more strength with February through April period up over 3% from 2012. […]

CNW Research on May 2013 Used Car Sales

CNW Research on May 2013 Retail Used Vehicle Sales

Volume Strong, Prices Down in May Used Car Transactions

Art Spinella President CNW Research The volume was up but the value was down for retail used car sales in May. Used car dealers and private party sales were up 1.9% versus a year ago reaching 4,391,248 units sold. The value of used cars sold slipped 3.4% to $39.2 billion versus $40.56 billion last year […]

3 Metrics Making Retail Pre-Owned Sales More Profitable

In this era of Big Data, sifting through pre-owned vehicle analytics easily leads to information overload. There are lots of numbers to measure and manage: total sales, front-end gross, back-end gross, wholesale gross, VDPs, SRPs, click-through rates, conversion rates, turns, days to sale … the list goes on and on. An e-book from FirstLook, Using […]