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ADESA

Full-Size Vans Holding Resale Value

Three-year-old full-size vans retained the most value among trucks, vans, and SUVs in the wholesale used vehicle market, according to Tom Kontos, KAR Auction Services' chief economist.

Trucks Keep Yearly Wholesale Values Up

In May, average wholesale values fell relative to April, though they remain up on a year-over-year basis largely because of the price strength of trucks, according to ADESA.

Diesel Truck Residual Values Rise With Mileage

Diesel-powered pickup trucks sell for more than 30% of their gasoline counterparts after three years of fleet usage and return greater value with higher odometer readings, according to data from ADESA.

Resetting Management's Future Resale Expectations

All good things eventually come to an end. So, too, will today’s abnormally high used-vehicle prices. Today's resale values are an anomaly caused by a decrease in used-vehicle inventory in the wholesale market, resulting from the extremely low sales of new vehicles from 2009-2011. You need to educate management that today’s resale values will decline. Otherwise, you run the risk of being management’s future scapegoat for declining resale values due to their misperceptions of the market.

Used Car Market Outlook

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?