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Experts Forecast the 2019 Used Vehicle Market

Experts Forecast the 2019 Used Vehicle Market

Prices and volume are not expected to plummet in 2019, but industry experts seem to feel that the best-case scenario will be a plateau, and more realistically, will fall slightly.

January 18, 2019

Vehicle Depreciation Should Rise in 2019

Vehicle Depreciation Should Rise in 2019

Deprecation was low through most of 2018. Segments such as sedans performed better than they have in years past, while trucks and SUVs continue to retain their values well.

November 30, 2018

Sedan Wholesale Values Strengthen Through 2018

Sedan Wholesale Values Strengthen Through 2018

Prior to 2018, sedans at auction had experienced three years of consecutive value declines. For sedan-heavy fleets, this may have meant an impact to total cost of ownership for those vehicles, as profits from remarketing them would have suffered. Now companies with sedan-heavy fleets may be finding that a window of opportunity to remarket those vehicles for better profit has emerged.

October 22, 2018

Online Auction on Pace to Sell 100,000 Cars in 2018
IAA Details Readiness for Hurricane Florence

IAA Details Readiness for Hurricane Florence

Insurance Auto Auctions has taken steps to prepare its auctions for Hurricane Florence with lessons the company's leaders learned from last year's hurricanes, said John Kett, the company's chief executive and president.

September 13, 2018

Used Vehicles Thriving in 2018

Used Vehicles Thriving in 2018

Used-vehicle values have held strong this year. A strong economy and more efficient remarketing strategies are helping make 2018 a banner year for used-vehicle values.

August 29, 2018

Upstream Remarketing Aiding 2018 Used Vehicle Values
ADESA's Online Sales Increase 7% in Q1

ADESA's Online Sales Increase 7% in Q1

The wholesale industry is in the early stages of a digital transformation that's boosting sales at ADESA, KAR Auction Services CEO Jim Hallett said earlier this month. Online sales have driven 7% in overall volume growth during the quarter, and have helped offset waning sales at physical auctions.

June 25, 2018

Spring Season Boosts Values of Four Car Segments

Spring Season Boosts Values of Four Car Segments

Subcompact cars, compact cars, mid-size cars, and full-size cars all saw their wholesale values increase through the period between Feb. 1 and May 1. Respectively, these segments’ wholesale value rose by 2.6%, 5.3%, 3.1%, and 1%.

June 1, 2018

Hertz Lowers Vehicle Depreciation Expense by 13%
Higher Rates Could Hurt Residual Values

Higher Rates Could Hurt Residual Values

Manufacturers may choose to absorb higher federal interest rates on new vehicles to keep prices from rising higher than they have been with heavier incentives, but this could have an adverse effect on residual values.

May 7, 2018

Used Sporty and Midsize Cars Drive Growth

Car values continued to rise last week, marking the seventh week of rising car values, driven in part by the performance of sporty and mid-size cars, according to Black Book’s April 30 Market Insights report.

May 1, 2018

SUVs Drive Auction Volume in April: J.D. Power

SUVs Drive Auction Volume in April: J.D. Power

SUV segments drove auction volume in March, according to J.D. Power’s April Used Car and Light Truck Guidelines Industry Update. Luxury compact utility volume was up 71.7% and large utility volume was up 27.8%.

April 27, 2018

New Vehicle Sales to See Big Drop in April: Edmunds