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Wholesale used-vehicle prices in February averaged $10,138, a 3 percent increase from November 2009 and an 8.3 percent increase from the prior year. This is the first time since July 2009 that average prices have topped $10,000.
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Tom Kontos of Adesa reports that wholesale used vehicle prices in October averaged $9,447 -- a 3 percent decrease from September, but a 9.5 percent increase from last year's October results.
Read More →In his monthly used vehicle market conditions commentary, Tom Kontos of Adesa reports that wholesale used vehicle prices in September averaged $9,742 -- a 2.1 percent decrease from August but a 2.1 percent increase from September 2008.
Read More →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 →KAR Holdings, Inc. is the holding company for ADESA, Inc., a leading provider of wholesale used vehicle and salvage auction services in North America. Timing has not been announced.
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.
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Low auction inventories have kept used vehicle prices afloat. But does that mean you can finally sell your used pickup or SUV? And how has bankruptcy affected used car values?
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 →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.
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