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Kontos: Wholesale Prices Softening Despite YOY Increase in June

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.

July 17, 2017

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.

April 24, 2017

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%.

November 16, 2016

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.

November 12, 2014

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