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Used Fleet Vehicle Values Rise 1.9% in January

Used Fleet Vehicle Values Rise 1.9% in January

The average sale price for used vehicles from fleet leasing consignors increased 1.9% to $12,706 in January from the prior month and 3.9% from January of 2018, according to Tom Kontos, KAR's chief economist.

February 14, 2019

Manheim Auctions See Used Values Grow in January

Manheim Auctions See Used Values Grow in January

This growth was in large part fueled by the strong performance of lower-priced vehicles. Compact cars and midsize cars, in specific, saw the strongest growth among all vehicle segments and outperformed the overall market.

February 13, 2019

Compact Crossover and Van Prices Fall in Early Feb.
Used Vehicle Values Fall in Back-to-Back Months
Truck Values Decrease Slightly

Truck Values Decrease Slightly

Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.42% last week. In comparison, the market values decreased by 0.58% on average during the prior four-week period.

February 5, 2019

Online Auction Sales Marched Higher in 2018

Online Auction Sales Marched Higher in 2018

Online sales of used vehicles in the wholesale market likely exceeded 2 million in 2018, as remarketing technology made it easier for dealers to evaluate, bid, and buy vehicles beyond physical auction locations.

January 30, 2019

2019 Wholesale Values Begin to Stabilize
KBB Announces Best Resale Value Award Winners
Used Fleet Vehicle Values Increased 6.2% in 2018

Used Fleet Vehicle Values Increased 6.2% in 2018

The average prices for used fleet vehicles sold at auction increased 6.2% to $12,464 in 2018, despite a weaker finish to the year that saw a 0.4% decline in December, according to Tom Kontos, KAR Auction Services' chief economist.

January 22, 2019

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

ALG Projects 17M New Vehicles Sold in 2019

ALG Projects 17M New Vehicles Sold in 2019

Vehicle manufacturers will sell 17 million new vehicles in 2019, which would represent only a 1.3% decline from a year that recorded a third consecutive year of more than 17 million new vehicles sold, according to Oliver Strauss, chief economist for TrueCar’s ALG.

January 15, 2019

Manheim Expands its Adjusted MMR to AutoIMS

The Manheim Adjusted MMR is a wholesale vehicle valuation rating that includes aspects such as a vehicle’s AutoGrade condition, exterior color, mileage, and region.

January 10, 2019

Used Medium-Duty Truck Prices Stabilize
Cars Paced Used Vehicle Price Growth in 2018
New Vehicle Prices Grew 3% in 2018

New Vehicle Prices Grew 3% in 2018

The average transaction price for a new vehicle in the U.S. was $37,577 in December 2018, a 1.3% increase from the same time in 2017.

January 3, 2019