TrueCar October 2012 TrueTrends Report
TrueCar October 2012 TrueTrends
Blue Book Market Report – October 2012
Blue+Book+Market+Report+-+October+2012
Average MPG for New Vehicles Sold – Sept. 2012
- TrueCar says average miles per gallon of new vehicles sold in Sept. 2012 increased to 23.3 mpg from 22.0 in Sept. 2011
- Stayed flat at 23.3 mpg from August 2012
- Of the 10 automakers featured in chart, Volkswagen had the highest number for Sept. 2012 with 26.6 mpg
ALG on Where Residual Values are Likely to Go in Next Few Years
ALG has released its forecast on where short-, mid-, and long-term residual values are likely to go in the next few years. This report also looks at overall used vehicle market trends with softening demand relative to new car demand.
Looking two-to-three years ahead in the used vehicle market, ALG sees used vehicle values at…
Looking at the long-term outlook for residual values in the next few years, ALG believes used market values will…
As for 24-month and 36-month outlooks, compared to current used market value of two-year-old vehicles and 36-month auction returns…
Click here to read more about these market trends and to see what ALG expects to see in used vehicle prices during the next 12 months…
NADA’s Jonathan Banks on Wholesale Market Conditions Improving
Wholesale prices dropped for the third straight month in September. September prices were down 2% or $340, but conditions are better than a year ago, says Jonathan Banks, Executive Automotive Analyst at NADA Used Car Guide.
September results were more typically seasonal than they were in September 2011, when the numbers were…
Off-rental volume coming through the wholesale market continues to grow by double digits, which means…
One segment has seen prices for its three-year-old models fall by an average of 16% or $1,800 since April…
Click here to read all about it, and also to gain NADA’s perspective on what’s been happening with trucks in the used vehicle market…
