Tagged NADA

Cars, Vans Lead November Used Car Price Declines

Looking toward the end of December, wholesale prices for vehicles up to 8 years old are expected to decline about 1%. Looking at the end of 2017 as a whole, used prices are expected to decline roughly 5.6%.

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Weak Sedan and Fleet Sales Lowering New Car Sales

The continued weakness in the sedan segment compounded with declining fleet sales led to a year-over-year decline in new-car sales during June, according to the NADA.

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Australia-Based Vehicle History Product Enters U.S. Market

CarRecord will soon offer vehicle history reports in the U.S. market, the company has announced. Once it’s available in the U.S., it will provide customers with NADA Values from J.D. power Valuation Services.

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J.D. Power to Offer Residual Value Benchmarking Product

J.D. Power has released a benchmarking product that was designed as an informational resource for vehicle manufacturers, captive finance companies and lenders that it's calling J.D. Power Residual Values.

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Retention Rankings Released for One-Year-Old Models

Today, the NADA Used Car Guide issued a report that examines retention performance for 33 all-new or redesigned mainstream and luxury models. Leading the list were the 2016 Toyota Tacoma, Honda Pilot and new Volvo XC90.

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Wholesale Depreciation Remains Steady in October, NADA Guide Says

Wholesale prices for vehicles up to eight years in age fell 3.6% in October, which is typically one of the softest months of the year in terms of used-vehicle prices, according to the NADA Used Car Guide. However, the decline was slightly more this October than the previous three-year average decline of 3.3% for the period.

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Used Truck Volumes Increase at Auctions

A summer lull in used auction volume ended this past September, according to findings in NADA Used Car Guide's recent Commercial Truck Guidelines report.

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NADA Used Vehicles Prices Decline in May

May depreciation accelerated as wholesale prices of used vehicles newer than eight years old fell by 2% when compared to April, but the numbers showed improvement over the 2.7% average decline captured in the month of May the last four years.

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Average Used Vehicle Selling Price Reaches $19,397

The average selling price of used vehicles sold by new-vehicle dealerships reached $19,397, according to the National Automobile Dealers Association (NADA)'s 2015 Financial Report.

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Wholesale Car Prices Declining in Q1

Data from January to March has shown that wholesale pricing is down and sales are up for dealers, marking a good start for the used car industry so far in 2016.

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