Private Party Sales Still Down, but Spinella Expects it to Come Back
Art Spinella President CNW Research February’s slight projected increase in retail used vehicles sales – about 0.3% – is a decent showing given strength of used-car market a year ago and the extra day given leap year; Used car sales should be near 2M market w/ franchised dealers leading. Click here to read the February […]
Retail Automotive Summary – Feb. 2013
Retail Automotive Summary – Feb 2013
Blue Book Market Report – Feb. 2013
Blue+Book+Market+Report+-+February+2013
Manheim Consulting’s Tom Webb on Wholesale Price Trends
Wholesale used vehicle prices fell 1.8% in January compared to January 2012 in the Manheim Used Vehicle Value Index. The hurricane impact has been waning and overall market trends are becoming more visible.
While the hurricane’s impact has been waning and auction supplies from commercial consignors are rising, for now, wholesale prices are…
Prices for off-rental risk units sold at auction were up on a year-over-year and sequential basis, despite significantly…
Auction sales shifted toward late-model, more expensive units in the mix, and the price range that saw the largest percent increase in volume…
Click here to read the entire summary and original report on January’s Used Vehicle Value Index.
Price Changes for Selective Market Classes – January 2013
- Manheim Used Vehicle Value Index decreased to 123.4 – down 1.8% from January 2012
- Pickups were the only segment with an upswing compared to a year ago – up 1.1%
- Luxury cars took the largest drop from last year, down 2.1%
