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VIDEO: Kontos Kommentary for November 2017

VIDEO: Kontos Kommentary for November 2017


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Average wholesale prices in November were down month-over-month more significantly than in October and, despite being up modestly on a year-over-year basis, are indicative of an end to the price boost from Hurricanes Harvey and Irma. Retail used vehicle demand was soft for the month as well, although CPO sales were solid. Watch my November...
VIDEO: Kontos Kommentary for October 2017

VIDEO: Kontos Kommentary for October 2017


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Average wholesale prices in October were down only modestly month-over-month and were up year-over-year, bolstered by lingering impacts from hurricanes Harvey and Irma. Watch my October Kontos Kommentary below: To read the entire Kontos Kommentary used vehicle market outlook for October 2017, visit http://adesa.com/kontos-kommentary.
VIDEO: Kontos Kommentary for September 2017

VIDEO: Kontos Kommentary for September 2017


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Average wholesale prices in September were up month-over-month and year-over-year, bolstered by dealer demand in the hurricane-stricken regions. This impact may be waning and prices are likely to resume the softening pattern seen prior to these catastrophic events. In short, Harvey and Irma seem to have resulted in an impact to wholesale prices like that...
VIDEO: Kontos Kommentary for August 2017

VIDEO: Kontos Kommentary for August 2017


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Average wholesale prices in August were once again up largely on the strength of truck prices, although another factor could be early impacts from Hurricane Harvey, which appeared to drive prices up at the end of the month, particularly in Texas. (Please see Kontos Kommentary: Hurricane Harvey Special Edition for additional information.) Watch the August...
Kontos Kommentary: Hurricane Harvey Special Edition

Kontos Kommentary: Hurricane Harvey Special Edition


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Meteorologists are calling Hurricane Harvey a thousand-year flood event—a storm of unprecedented magnitude and devastation. For the past week, no news cycle has been complete without photos of the human toll, miraculous rescues—and vehicles submerged in the flood plain. The recovery efforts in Houston and other impacted areas in Texas and beyond will take many...
VIDEO: Kontos Kommentary for July 2017

VIDEO: Kontos Kommentary for July 2017


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Average wholesale prices in July were down month-over-month and only up on a year-over-year basis largely on the strength of pickup truck prices. Drilling down into the data once again clearly reveals price softening on a year-over-year basis when accounting for sale type, vehicle age, model class and mileage. Retail sales have softened this summer...
VIDEO: Kontos Kommentary for June 2017

VIDEO: Kontos Kommentary for June 2017


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Average wholesale prices in June were down versus May but up on a year-over-year basis. However, drilling down into the data once again clearly reveals price softening on a year-over-year basis when accounting for sale type, vehicle age, model class and mileage. Watch the June Kontos Kommentary below: To read the entire Kontos Kommentary used...
VIDEO: Kontos Kommentary for May 2017

VIDEO: Kontos Kommentary for May 2017


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Average wholesale prices in May were flat versus April but up on a year-over-year basis, primarily due to the strength of truck prices and a younger mix resulting from off-lease supply growth.  As introduced last month, a drill-down into the data clearly reveals price softening when accounting for sale type and vehicle age, model class...
VIDEO: Kontos Kommentary for April 2017

VIDEO: Kontos Kommentary for April 2017


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Average wholesale prices in April were up on both a month-over-month and year-over-year basis. As has been stated repeatedly in previous months, however, much of these supposed increases in used vehicle values are the result of strength in truck prices and growth in off-lease volumes. An analysis of sales prices by sale type, model-year age,...