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According to ADESA Analytical Services' monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class, wholesale used vehicle prices in August averaged $9,949 -- a 0.7 percent decrease from July but a 3.9 percent increase from August 2008.
Read More →In his July commentary, Tom Kontos of Adesa says that firming used vehicle prices resulting from low trade-in supply and strong used car demand are conditions that have been in place for the entire year.
Read More →GAINESVILLE, GA - All 10 car segments included in Black Book's auction analysis showed increases in value last week, according to Ricky Beggs, vice president and managing editor.
Read More →Wholesale sales percentages are much greater than can be expected, according to the "Beggs on the Market" video report.
Read More →According to the report, average prices were up on a year-over-year basis for the first time since December 2007.
Read More →According to Black Book's "Beggs on the Market" video report, prices of the 10 car segments dropped an average of $13.
Read More →One would have expected lower wholesale supply and improving retail demand to have resulted in stronger wholesale prices in April. Yet many dealers are limiting their days-supply of used vehicles by keeping fewer units in inventory and turning them quicker.
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Adesa reports that average auction prices rose sequentially for the fifth month in a row, though still "modestly under water" on a year-over-year basis.
Read More →All four types of vehicles have shown price improvements, according to the index.
Read More →Average wholesale used vehicle prices have risen by almost $750 since their trough in October, according to Adesa auction data.
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