Blue Book Market Report First Edition Now Focuses on New Vehicle Sales
Alec Gutierrez Manager, Vehicle Valuation Kelley Blue Book Kelley Blue Book has changed the format of its reports, with the first Blue Book Market Report of the month now focusing exclusively on new vehicle sales. For March, SAAR hit 15.2M units, the fifth consecutive month that sales surpassed a 15M unit annual sales pace. Q1 […]
As Predicted by Spinella, Private Party Used Vehicle Sales Are Up
Art Spinella President CNW Research April’s gain in used-vehicle sales were predicted to be light, up about 1.5%, with most of this increase coming from Private Party sales. Franchised dealers were expected to see used car sales go up around 1% to 1.38M units, while Independent dealers were expected to remain static at 1.23M units. […]
Retail Automotive Summary – April 2013
Retail Automotive Summary – April 2013
Used Medium Duty Trucks Seeing Strong Price Performance
Medium duty trucks saw stronger price performance in February than the heavy duty market, with conventional trucks seeing a third straight month of real increases; cabovers also saw their third month in a row of price increases, according to the ATD/NADA Commercial Truck Guide.
Retail sleeper tractor market remains extremely stable, while the wholesale market continues to absorb….
Medium-duty conventional trucks continue to recover, with Class 6 a standout, and another category looking like it’s finally lifting off bottom…
After declining throughout Most of 2012, Class 6 conventional trucks saw bump up of about $1,800 in December, followed by increases of….
March Used Car Price Gain Modest Compared to Year Ago
March used car prices improved for 2nd month in row in March, however wholesale price growth was mild and followed pattern typically seen in period. March gain was modest compared to year earlier when prices for segment increased nearly 3%, according to NADA Used Car Guide.
Similar to February, a 2.2% rise in compact car prices were the highest of any segment, while two segments followed once again with increases of….
Fuel prices began to recede towards end of the month and expectations are that, over the next few days, they will be…
Large pickups and compact utilities saw price gains of 1% in March, while large SUV and mid-size utility prices improved by….
Click here to read Guidelines from NADA Used Car Guide….
