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Tag: depreciation
Wholesale Vehicle Depreciation Tightened Up in July
2013-08-13 02:05:07| AutomotiveDigest.com - Automotive Industry News
Jonathan Banks Executive Automotive Analyst NADA Used Car Guide Depreciation remained very mild over past 2 months NADAs price index up just a tenth of a point from Junes figure of 123.4. After falling by a mild 1.1% in June, depreciation tightened up even more last month. Prices for used units up to 8 [...]The Article Wholesale Vehicle Depreciation Tightened Up in July appeared first on Automotive Digest.
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Depreciation Slowed for Vehicles Up to 8 Years Old
2013-07-16 23:45:03| AutomotiveDigest.com - Automotive Industry News
Jonathan Banks Executive Automotive Analyst NADA Used Car Guide After falling by 2.1% in May, depreciation for used units up to 8 model years in age slowed to just 1.1% in June, a figure in line with NADAs 1.3%. Junes modest decline was substantially less than what has historically been recorded for month; NADAs index [...]The Article Depreciation Slowed for Vehicles Up to 8 Years Old appeared first on Automotive Digest.
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Electric Vehicles Should Have Terrible Depreciation Year
2013-06-20 00:09:51| AutomotiveDigest.com - Automotive Industry News
Plug-in electric vehicles are expected to have the worst decline of any segment this year down 30%, according to a NADA Used Car Guide special report. The steep rate of depreciation for used plug-in electric vehicles can be attributed to limited range, manufacturer incentives and federal tax credits intended to offset the higher prices [...]The Article Electric Vehicles Should Have Terrible Depreciation Year appeared first on Automotive Digest.
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Depreciation Expected to Persist through End of Year by KBB
2013-05-29 03:18:41| AutomotiveDigest.com - Automotive Industry News
Alec Gutierrez Senior Market Analyst, Automotive Insights Kelley Blue Book This year started strong, but with no strong appreciation in Q1, auction values began an early decline in April and since have declined below levels seen in 2012 and 2011. Kelley Blue Book expects depreciation to continue through the remainder of the year, with year-end [...]The Article Depreciation Expected to Persist through End of Year by KBB appeared first on Automotive Digest.
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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