Blue Book Market Report – Nov 2012
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Dan Galves on Used Vehicle Market Uncertainty in Post-Hurricane Environment
There’s a great deal of uncertainly around the short-term effect of Hurricane Sandy on the used vehicle market, says Dan Galves, Editor of Galves Auto Price List. The market will have to be watched closely to not over-react to what could be a temporary blip.
October was difficult month and saw what we think will be large percentage of yearly erosion; hardest hit continued to be…
The rest of the market fell predictably with the exception of some of the scarcer segments like…
Demand for used vehicles will invigorate later, but in the short term you can expect diminished demand as dealers…
Click here to read more details on what Galves Auto Price List sees coming up in the months ahead…
Tom Kontos on Pre- and Post-Hurricane Sandy Market Dynamics
While Hurricane Sandy through of typical used vehicle market conditions during the second half of October, dealers were searching and bidding more aggressively as the storm approached, says ADESA’s Tom Kontos.
Replacement demand for new and used likely to go up for period of time, particularly in…
ADESA saw used vehicle prices up 2% over September, and how did the OPENLANE US Market Index go?...
Off-rental program vehicles have impacted manufacturer used vehicle prices year-over-year by…
Click here to read more about market dynamics during pre- and post-hurricane impact, along with vehicle segment trends in Kontos Kommentary…
