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July 17, 2017 - Industry News

Kontos: Wholesale Prices Softening Despite YOY Increase in June

Average wholesale prices in June were down vs. June but up vs. a year ago. A drill down into the data, however, reveals price softening on a year-over-year basis when accounting for sales type, vehicle age, model class, and mileage, KAR Chief Economist Tom Kontos said this week.

Tags: ADESA Analytical Services, Kar Auction Services, Tom Kontos, Wholesale Pricing

April 24, 2017 - Industry News

Kontos: Tale of Two Markets Resumes in March

While wholesale prices were below year-ago levels for cars, they were up for trucks. The revelation prompts KAR Auction Services' chief economist to revisit a study he began during the industry's first experience with $4 gas back in 2008, when the price gap between trucks and cars closed dramatically.

Tags: ADESA Analytical Services, Kar Auction Services, Tom Kontos

March 22, 2017 - Industry News

Kontos: Used-Vehicle Prices Soften 'Uncharacteristically' in February

February provided “further concrete evidence of softening” of used-vehicle prices, ADESA's Tom Kontos wrote in his monthly Kontos Kommentary.

Tags: ADESA Analytical Services, Tom Kontos, used-vehicle prices, Wholesale Pricing

November 16, 2016 - Industry News

Kontos: Wholesale Prices Up Year Over Year, Down From September

As has been the case for much of the year, average wholesale used-car prices were down on a year-over-year basis. In October, the average wholesale used-vehicle price fell by 1.2% compared to the year before. Trucks, on the other hand, continued to realize year-over-year increases in wholesale prices. Compared to last year, truck prices are up 5.1%.

Tags: ADESA, ADESA Analytical Services, Tom Kontos, used vehicles, Wholesale Pricing

July 12, 2016 - Industry News

Kontos: Strong Truck Values Drive 3.3% Increase in Wholesale Prices in June

Average wholesale values fell again on a month-over-month basis in June, but they remain up on a year-over-year basis thanks to the continued price strength of trucks, according to ADESA Analytical Services.

Tags: ADESA Analytical Services, Tom Kontos, used-vehicle sales, used-vehicle values

November 12, 2014 - Industry News

October Wholesale Prices Reveal Market Softness

ADESA’s chief economist says off-rental program vehicles kept wholesale prices artificially high in October. They also masked softness in a market that is facing high incoming supply.

Tags: ADESA Analytical Services, Tom Kontos, used-vehicle sales, Wholesale Pricing

December 19, 2013 - Industry News

Strong Demand Buoys Wholesale Prices in November, Kontos Reports

Strong retail demand continued to buoy wholesale used-vehicle prices in November, as average prices rose on both a month-over-month and year-over-year basis.

Tags: ADESA Analytical Services, remarketing, Tom Kontos, used vehicles, Wholesale Pricing

November 12, 2013 - Industry News

Wholesale Prices Up in October, Kontos Reports

Average wholesale prices in October partially reversed from the declines recorded during the previous month, reports ADESA Analytical Services’ chief economist.

Tags: ADESA, ADESA Analytical Services, Tom Kontos, Wholesale Pricing

March 28, 2013 - Industry News

Transaction Prices Up for Used, Wholesale Prices Down, CNW Reports

Used-vehicle prices saw a bit of daylight in the opening weeks of March, with CNW Research reporting a month-over-month increase in transaction prices. Wholesale prices, reports ADESA, are softening.

Tags: ADESA Analytical Services, CNW Research, used-vehicle values

March 12, 2013 - Industry News

Wholesale Used-Vehicle Prices Expected to Soften

ADESA Analytical Services reported this week that wholesale used-vehicle prices could resume the general softening pattern that began around mid-2012 and before Superstorm Sandy.

Tags: ADESA Analytical Services, CNW Research, Superstorm Sandy

December 13, 2012 - Industry News

Kontos: Wholesale Prices Resume Decline After Sandy-Induced Spike

In its monthly report, ADESA Analytical Services found that wholesale used-car prices are declining once again after an uptick following Hurricane Sandy. The decline originally began this past spring.

Tags: ADESA, ADESA Analytical Services, Superstorm Sandy, Tom Kontos, used vehicles, Wholesale Pricing

October 9, 2012 - Industry News

September Wholesale Prices Fall Flat, ADESA Reports

Wholesale used-vehicle prices in September were flat with August and down from a year ago, an indication that the market has stabilized since prices softened this past spring, ADESA’s Tom Kontos says.

Tags: ADESA Analytical Services, Tom Kontos, Wholesale

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