Overdrive by ADESA
Author Archive
VIDEO: Kontos Kommentary for August 2016

VIDEO: Kontos Kommentary for August 2016


read more...
Average wholesale values fell modestly and in line with typical seasonal patterns in August. Prices were again up on a year-over-year basis largely because of the continued price strength of trucks and a richer mix of younger, lower-mileage, higher-priced, off-lease units. Retail used vehicle sales, including CPO sales, also experienced seasonal declines in August, though...
VIDEO: Kontos Kommentary for July 2016

VIDEO: Kontos Kommentary for July 2016


read more...
Average wholesale values fell again seasonally in July, but they remain up on a year-over-year basis largely because of the continued price strength of trucks and continued growth of younger, lower-mileage, higher-priced off-lease supply. Recalls also played a role in the overall positive price performance, so it is not clear how wholesale prices might have...
VIDEO: Kontos Kommentary for June 2016

VIDEO: Kontos Kommentary for June 2016


read more...
Average wholesale values fell again on a month-over-month basis in June, but they remain up on a year-over-year basis largely because of the continued price strength of trucks. A portion of the month-over-month price decline can be explained by the usual falloff in prices from May to June, typifying the transition from the strong spring/tax...
VIDEO: Kontos Kommentary for May 2016

VIDEO: Kontos Kommentary for May 2016


read more...
Average wholesale values fell relative to April, though they remain up on a year-over-year basis largely because of the price strength of trucks. Retail used vehicle sales were flattish on a year-over-year basis and certified pre-owned sales were down. This limited the demand-side support for wholesale values receiving downward pressure from supply growth. Watch the...
VIDEO: Kontos Kommentary for April 2016

VIDEO: Kontos Kommentary for April 2016


read more...
The traditional Spring tax-season market appeared to wane in April, as average wholesale prices rose only modestly on both a sequential and annual basis. As in previous months, drilling down into the data reveals softness due to supply growth that is not as evident in the top-line numbers. On a positive note, retail used vehicle...
VIDEO: Kontos Kommentary for March 2016

VIDEO: Kontos Kommentary for March 2016


read more...
Signs of the traditional Spring tax-season market appeared in March, as average wholesale prices rose both on an sequential and annual basis. Yet price softening driven by supply growth remains a visible undercurrent as totals and averages are broken down into model class, sale type and age buckets. Watch the latest Kontos Kommentary video below:...
VIDEO: Kontos Kommentary for February 2016

VIDEO: Kontos Kommentary for February 2016


read more...
Average wholesale used vehicle prices were down in February compared to January, which is anomalous to the normal seasonal tendency as the spring tax refund season kicks in, and is another indication that cumulative supply increases are continuing to cause prices to soften. Watch the latest Kontos Kommentary video below: To read the entire Kontos...
VIDEO: Kontos Kommentary for January 2016

VIDEO: Kontos Kommentary for January 2016


read more...
Though seasonally up from December, wholesale price trends in January were bifurcated, as truck prices showed year-over-year price increases, while car and crossover prices fell on a year-over-year basis. With gasoline approaching the dollar-per-gallon range in some parts of the country, this should come as no major surprise. But, with the exception of pickups and...
VIDEO: Kontos Kommentary for December 2015

VIDEO: Kontos Kommentary for December 2015


read more...
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...