NADA Used Car Guide expects used prices to fall for the first time in five years, but thinks the drop will be relatively mild, as on-balance, used market fundamentals remain predominantly favorable. Overall, used vehicle market should turn in another solid, though milder, performance in 2013.
For 2013, NADA expects new vehicle traditionalists will continue to shift focus away from used vehicles, bringing a progressive impact toward
Late-model used supply will increase, but overall supply will continue to fall, and supply for units up to 3 years in age is expected to grow by
NADA predicts price of units up to 8 years in age will reach an average figure down from 2012s average price by
Click here to read NADA's 2012 market analysis and 2013 forecast for a thorough look at used vehicle segment trendsThe Article NADA Looks at Trends for Different Used Vehicle Age Segments appeared first on Automotive Digest.