Used Vehicle Days’ Supply – Sept. 2012

Used vehicle days’ supply is slowly increasing after declining then staying flat for several months
Used prices affected by this trend along with competitive pricing for comparable new vehicles
Market not expected to experience dramatic fluctuation last seen in 2008-2009

Large Vehicles Seeing Price Drop, Says NADA Used Car Guide

NADA Used Car Guide says the large SUV segment is once again expected to see some of the biggest declines during the course of the current week as prices are expected to drop by 1.1% or $250. They also mentioned midsize vans are expected to drop by 1.7% or $200 as late-model rental fleet volume […]

Joe Verde Sales Training Adds Pre-Owned Vehicles to Curriculum

Subscribers to JVTN, Joe Verde’s virtual sales training network for the automotive industry, now have access to a new sales training course that focuses on the process of selling used and pre-owned vehicles. This course features 21 interactive chapters, including discussions with Verde and his trainers on key points. “Pre-owned buyers today are more sophisticated […]

Kontos Kommentary Changes Methodology to Dig Deeper into Market Trends

Did you notice that the Kontos Kommentary report was missing for a couple of months? A major revision was done of vehicle model class segmentation that’s used by ADESA Analytical Services. As the industry has seen in the past 10 years, vehicle classifications are changing and morphing into each other. Here are the changes described […]

Art Spinella on September’s Retail Used Car Trends

Art Spinella President CNW Research September used vehicle sales were up 8.76% from a year ago, at 3,811,375 units. Franchised dealer used sales were 1,338,368 and up 12.46%, Independent 1,334,118 and up 13.56%, and Private Party (Casual) 838,889 and down 2.89%. Click here to read CNW Research report on September retail UC sales Transaction Prices […]