ADESA: Wholesale Used Vehicle Prices Soften in June
Tom Kontos, ADESA’s chief economist, reports that wholesale used vehicle prices for June continue to soften while the used vehicle supply continues to recover.
Despite healthy retail demand and minimal new vehicle incentives, the used vehicle supply continues to recover and put downward pressure on wholesale used vehicle prices, according to the latest Kontos Kommentary from ADESA Chief Economist Tom Kontos.
According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class, wholesale used vehicle prices in June averaged $9,516 — down 2.9% compared to May and 3.7% relative to June 2012. According to Kontos, June’s softening price environment affected nearly all car, truck and crossover sectors.
Prices for used vehicles — remarketed by manufacturers — decreased 0.9% year-over-year, while prices for fleet/lease consignors were up 1.8% annually, according to ADESA. For dealer consignors, there was a 5.2% downturn compared to June 2012.
Based on data from CNW Marketing/Research, June sales for retail used vehicles increased 3.4% year-over-year for franchised dealers and 3.8% for independent dealers. And based on figures from Autodata, sales of certified pre-owned (CPO) vehicles were up considerably at 14.4% year-over-year.
Wholesale Used Vehicle Price Trends
Average Prices ($/Unit) | Latest Month Versus: | ||||
|---|---|---|---|---|---|
Jun-13 | May-13 | Jun-12 | Prior Month | Prior Year | |
Total All Vehicles | $9,516 | $9,796 | $9,885 | -2.9% | -3.7% |
Total Cars | $8,613 | $8,932 | $8,999 | -3.6% | -4.3% |
Compact Car | $6,765 | $7,087 | $7,199 | -4.5% | -6.0% |
Midsize Car | $7,902 | $8,192 | $8,046 | -3.5% | -1.8% |
Fullsize Car | $7,056 | $7,240 | $7,151 | -2.5% | -1.3% |
Luxury Car | $11,770 | $12,212 | $12,754 | -3.6% | -7.7% |
Sporty Car | $12,536 | $12,849 | $12,848 | -2.4% | -2.4% |
Total Trucks | $9,563 | $9,761 | $9,810 | -2.0% | -2.5% |
Mini Van | $6,376 | $6,560 | $7,000 | -2.8% | -8.9% |
Fullsize Van | $9,739 | $9,875 | $9,534 | -1.4% | 2.1% |
Mini SUV | $11,423 | $11,053 | $10,994 | 3.3% | 3.9% |
Midsize SUV | $6,552 | $7,164 | $6,955 | -8.5% | -5.8% |
Fullsize SUV | $10,811 | $10,580 | $12,344 | 2.2% | -12.4% |
Luxury SUV | $18,347 | $18,745 | $19,160 | -2.1% | -4.2% |
Compact Pickup | $7,238 | $7,441 | $7,570 | -2.7% | -4.4% |
Fullsize Pickup | $11,807 | $11,874 | $11,214 | -0.6% | 5.3% |
Total Crossovers | $12,582 | $12,933 | $13,206 | -2.7% | -4.7% |
Compact CUV | $11,292 | $11,464 | $11,109 | -1.5% | 1.6% |
Mid/Fullsize CUV | $13,948 | $14,479 | $16,276 | -3.7% | -14.3% |
This Kontos Kommentary analysis is based on nearly six million annual sales transactions from more than 150 of the largest U.S. wholesale auto auctions, including those of ADESA as well as other auction companies. ADESA Analytical Services segregates these transactions to study trends by vehicle model class.
For an Auto Focus blog looking at the future of the used car market, click here.
More Small Fleet
Why Fleet Managers Are Replacing Departmental Vehicles with Shared Motor Pools
Departmentally assigned vehicles often create hidden costs through underutilization, poor visibility, and increased administrative burden. This white paper explores how shared motor pool strategies help fleets reduce costs, improve accountability, and optimize vehicle utilization.
Read More →
Boosting Last-Mile Fleet Uptime, Safety, and Value with AI Vehicle Inspections
AI-powered inspections are transforming last-mile fleets by replacing manual checks with highly accurate automated scans that detect defects in seconds. By giving fleet operations visibility into the daily condition of their vehicles, you can identify trends over the vehicle’s lifecycle that enable improved procurement decisions, route management, driver training and accountability.
Read More →
Five Ways Seat Belts Help Prevent Injuries
There are five ways seat belts protect occupants from injuries, according to the Tennessee Department of Safety and Homeland Security.
Read More →
It’s here: The 2026 Fleet Technology Trends Report
What does AI mean for fleets? Get the answer — and learn other top tech trends.
Read More →
Small Fleets, Big Impact: How Independent Drivers Power Wreaths Across America
Check out how small fleets and independent drivers power Wreaths Across America each December and why their impact matters more than ever.
Read More →
VMS Survey Finds 65% of Small Fleet Managers Run Operations Alone
A new VMS survey shows small fleet managers are stretched thin, with most handling operations solo and eager to adopt digital tools for relief.
Read More →
Tips for Driving Safely on Halloween Night
This video features a reminder from the Connecticut Department of Transportation (DOT) and the Connecticut Police Chiefs Association, urging drivers to prioritize safety this Halloween.
Read More →
AI, Access, and Uptime: VMS’s Next Chapter with David Prusinski
VMS’s new Co-CEO, David Prusinski, shares how an AI-first approach will give small fleets and repair shops the tools to compete like big players.
Read More →
Fleet Managers Share Winter Prep Tips: It's Never Too Early!
Three fleets share best practices to prep vehicles for winter and prevent downtime when the cold sets in.
Read More →
Hot Weather Driving Tips for Fleet Drivers
As we head into another potentially extreme summer season, the risks for fleet drivers remain high, from engine strain and tire blowouts to unpredictable traffic patterns. An expert shares advice on how fleet drivers can boost their safety during the steamy summer months.
Read More →