While used vehicle prices were up 1.2% in March, they took a big drop in April – down 1.7% from the previous month and much more than April 2012’s 0.5% decline. April saw the largest drop since November 2012’s loss of 1.5%.

The month further eroded 2013’s cumulative advantage over 2012; year-to-date used price appreciation fell from….

Price of regular grade gasoline fell by 14 cents to $3.57 per gallon in April – not unexpectedly, car depreciation was led by….

Lower gasoline prices helped hold losses for large pickups and SUVs at just 0.5%;
continued scarcity of supply is also helping to support prices for….

Click here to view key findings in the latest edition of NADA Used Car Guide….

The Current State of Residual Values, According to ALG

At the industry level, supply is increasing significantly, leading to a 0.5 percentage point drop in residual values. Beginning in the May/June edition of ALG’s Industry Report, industry level supply has been added as a driver in addition to segment level supply.

Segment level supply changes have varied dramatically – on average, the impact segment level supply has on residuals is….

Overall macro impact for May/June compared to March/April is +0.5 percentage points – this edition compares favorably to….

Gasoline prices were nearly unchanged, with no Significant impact on residuals –
generally, segments with better gas mileage are being…..

Click here to read the latest ALG Industry Report with details on residuals….

Volt vs. Leaf Incentive Spending

Chevrolet and Nissan have had to rely heavily on incentives and lease business to stoke consumer demand for plug-ins
Sales exploded for Nissan’s Leaf In March, as brand managed to sell 2,197 units of all-electric car – a 279% increase over prior year sales
Dramatic reduction in new vehicle price caused rapid acceleration – Nissan slashed price of 2013 Leaf by $6,400