Depreciation Expected to Persist through End of Year by KBB

Alec Gutierrez Senior Market Analyst, Automotive Insights Kelley Blue Book This year started strong, but with no strong appreciation in Q1, auction values began an early decline in April and since have declined below levels seen in 2012 and 2011. Kelley Blue Book expects depreciation to continue through the remainder of the year, with year-end […]

Blue Book Used-Car Market Report – May 2013

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Used Vehicle Purchases in Must Replace Segment Down, Spinella Says

“Must Replace” used vehicle purchases are down with much of industry growth leaning now to “Add On” sales to people who are buying a vehicle for personal rather than purely transportation reasons, according to Art Spinella in the latest Retail Automotive Summary report.

Must Replace has grown about 3% this year – slowest year-over year growth since 2006 when it was 1.9%, while Add On sales jumped to….

May sales have been climbing at a rate that would put the month into a slumpish 0.3% gain, with franchised dealers looking at….

Private party sales are up nearly 18% year-over-year, impacting independent dealers that have seen a big drop in the past year of…

Click here to read CNW Research’s latest report with details on how private party sales are affecting retail use vehicle sales overall….

Used Vehicle Sales Softened and Stayed on Seasonal Course

Softening of the wholesale used vehicle sales and pricing environment stayed on course – rising seasonally but falling annually in April. It was similar to market conditions in March, according to Tom Kontos, Executive Vice President & Chief Economist at ADESA Analytical Services in his monthly Kontos Kommentary.

Retail sales also were down year-over-year for 1st time this year. Dealers were still able to see month-over-month sales growth and….

April wholesale prices were up 0.7% from March, and down 4.5% from April 2012; the largest monthly increases were concentrated in…

Retail UV Sales Down Year-Over-Year for Franchised and Independent Dealers; but for month-over-month results, both dealer types saw…

Click here to read the entire Kontos Kommentary analysis report, that includes sales results on all three of the major auction seller groups.

ARI’s Game-Changing Technology Wins Top UK Industry Award

Game-changing online vehicle management technology from ARI Fleet UK has won a top UK industry award. Technology is a major differentiator for the company, and its latest product, ARI analytics™, won the Technology Award in the 2013 Van Fleet World Honors. It is the first UK fleet industry award won by ARI, following the entry […]