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Posts tagged "Tom Kontos"
VIDEO: Kontos Kommentary for December 2015

VIDEO: Kontos Kommentary for December 2015


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2015 was largely a year when strong retail used vehicle and CPO demand, benign new vehicle incentive activity, and the embrace of upstream as well as traditional auction processes among remarketers diluted the usual negative impact of growing supply on wholesale values. Further masking that impact was the displacement of off-rental program vehicle volume that...
November 2015 Kontos Kommentary

November 2015 Kontos Kommentary


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In November, average wholesale prices were up on a month-over-month basis and essentially flat on a year-over-year basis, but as in previous months, the uptick was largely driven by truck prices. Off-rental units showed price gains, but these gains are deceiving, as manufacturers and rental sellers reduced “conversion rates” (i.e., units sold as a percentage...
VIDEO: Kontos Kommentary for October 2015

VIDEO: Kontos Kommentary for October 2015


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As in September, October average wholesale prices were driven up largely by upticks in truck prices. Still, wholesale values were solid in most model year and sale type categories, with the exceptions being off-rental risk and off-lease vehicles. The off-rental risk price declines were driven mostly by higher mileage vehicles, while the off-lease price softness...
VIDEO: Kontos Kommentary for September 2015

VIDEO: Kontos Kommentary for September 2015


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In the latest Kontos Kommentary, I provide a brief overview of September 2015’s numbers and share insights regarding the state of wholesale used vehicle prices. I hope you enjoy watching. Summary Average wholesale used vehicle prices were relatively flat in September, as car prices fell while truck prices rose in light of low fuel prices....
VIDEO: Kontos Kommentary for August 2015

VIDEO: Kontos Kommentary for August 2015


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I’ve been overwhelmed with positive feedback since launching Kontos Kommentary on video and want to thank our readers and viewers for the kind comments. Our latest video covers not only the August results, but also our 2015 midyear review edition of Pulse. I hope you find the content valuable and insightful. Summary Average wholesale used...
VIDEO: Kontos Kommentary for July 2015

VIDEO: Kontos Kommentary for July 2015


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For more than a decade, ADESA Analytical Services has provided timely, comprehensive and authoritative coverage of the used vehicle market and vehicle remarketing industry in North America. As we continue to leverage new and improved ways to present our findings and insights, I’m very pleased to introduce the very first Kontos Kommentary video report. Summary...
Best Wishes to Ricky Beggs, a Remarketing Industry Icon

Best Wishes to Ricky Beggs, a Remarketing Industry Icon


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My best wishes and sincere thanks go out to Ricky Beggs, one of the most visible champions of the remarketing industry, as he retires April 1. Ricky has been with Black Book for many years and has been something of an icon to many of us in this industry. Ricky and the team at Black...
ADESA and KAR geek out over Fun Fridays

ADESA and KAR geek out over Fun Fridays


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Whether it’s a love of technology, food, pop culture, games or cars, there is a little geek in all of us. For our second Fun Friday event at the ADESA and KAR headquarters, employees were encouraged to unleash their inner geek and wear their favorite geek gear for a chance to win prizes, all while...
A few tips for owning your first classic car

A few tips for owning your first classic car


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You’ve dreamt about it for years, you’ve (finally) convinced your significant other, and you are ready to pull the proverbial trigger: it’s time to buy your first classic car. Understanding the initial—and subsequent—financial commitment is the first step to preparing for the complexities of becoming a classic car owner. But, there are other steps to...