Tom Kontos, Executive Vice President, Customer Strategies & Analytics for ADESA Analytical Services, issued his report on the state of the wholesale market in December. For those consignors who broke the pattern of holding on until January, December prices were strong and worth the sales efforts.
Wholesale used vehicle prices averaged $9,849 and were up 3.1% over November, but as for comparing them to December 2011, they were
Prices for used vehicle remarketed by manufacturers rose by 3.2% over November, up 6.9% year-over-year, which is an indication of
While manufacturers saw strong price increases for 2012, fleet/lease consignors and dealers saw a drop explainable in part by
Click here to read more details from Tom Kontos on how specialized remarketing segments have been affected by vehicle supply patterns