
Used Vehicle Prices Climb Higher As Sales Pace Slows
The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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Commercial vehicles running through auction channels are driving most of this year’s sales growth.
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Commercial vehicles, electric vehicles, and late model used vehicles all show strong double-digit volume increases.
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Despite a flattening curve due to fewer off-lease vehicles coming into channels, commercial sales rank highest in volume increases since 2023.
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The marketplace exclusively lists thousands of front-line-ready vehicles from fleet providers affiliated with J.D. Power, as well as inventory from dealerships, leasing, and car rental companies.
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All major vehicle market segments experienced seasonally adjusted prices that were down year over year in September, although declines in recent months have slowed.
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The scholarship will cover the tuition cost for a two-year program student at Auction Academy, a continuing education resource and credential for remarketing professionals.
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2024 ARA Summer Roundtable: Remarketing industry economists probed automotive sales trends in a recovering but variable marketplace.
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A recent silent auction that closed out after several weeks will help working professionals advance their training.
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Executives Jiles and Penny Wanna celebrate 20 years at the remarketing management and consulting company, while their son joins the team.
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ARA Summer Roundtable: An automotive expert and forecaster balances the timelines of innovations that will eventually produce better market data and efficiency tools for the vehicle remarketing sector.
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