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ADESA Analytical Services

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.

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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.

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.

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%.

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.

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.

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.

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.

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.

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.