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Historic Seasonal Depreciation Takes Leading Role in UC Prices, KBB Says

2013-01-21 05:40:52| AutomotiveDigest.com - Automotive Industry News

Through the fourth quarter of 2012, values declined 3% nationally, which is slightly better than 5% and 6% percent respective declines of 2010 and 2011 and is getting back to seasonal patterns, according to this months edition of the Blue Book Market Report. December used vehicle values declined 0.7%, within the range of historical seasonal depreciation, and for the months ahead, it appears that During the fourth quarter of 2012, KBB observed a 1% annual increase in auction sales volume, perhaps signaling that KBB expects values to be flat in January before seeing a slight increase within the next two month, and through the first quarter of 2013, its expected that Click here for more details on how marketing conditions stabilized in December after making it through Hurricane Sandy disruption

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