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VIDEO: Kontos Kommentary for February 2019

VIDEO: Kontos Kommentary for February 2019


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Average wholesale prices were relatively flat in February, as opposing forces largely canceled each other out. To be more specific, overall car price declines were more than offset by truck price gains; and off-lease price strength was largely offset by softer prices elsewhere. Within the off-lease segment, the “take-rate” of midsize cars purchased upstream may...
Safety in Focus as VirtuaLane℠ Launches at 20 ADESA Auctions

Safety in Focus as VirtuaLane℠ Launches at 20 ADESA Auctions


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At ADESA, we’re constantly working to make the physical auction experience safer and more efficient for our customers. Reducing the risk for potential accidents is a priority for us, as the company that created Safe T. Sam—the most widely used safety standards training program in the auction industry. That’s why I’m proud to announce the...
5 Digital Marketing Must-Haves for Dealerships

5 Digital Marketing Must-Haves for Dealerships


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The modern-day dealership is in a constant state of evolution—adapting and shifting to satisfy the demands of new, more technologically advanced consumers. But with the proper strategies in place, car dealers can attract more customers than ever before. Google regularly releases automotive industry insights and data to help car dealers make more informed business decisions....
VIDEO: Kontos Kommentary for January 2019

VIDEO: Kontos Kommentary for January 2019


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Average wholesale prices in January fell on a year-over-year basis for the third month in a row, though they were up seasonally. Auction prices for off-lease units were again a major bright spot, as upstream remarketing continues to be effective in distributing supply across multiple channels. Watch my January 2019 Kontos Kommentary below: To read...
ADESA Shows Love for Dealers with Special Sales in February

ADESA Shows Love for Dealers with Special Sales in February


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Love may be in the air today, but the ADESA Loves Our Dealers celebration lasts all month long! Throughout February, 74 ADESA auctions across the U.S. and Canada are holding special sales to show their love for our customers. This month-long celebration is filled with a variety of events, activities, giveaways and charity fundraisers. And...
You Bought a Car at ADESA Auction—Now What?

You Bought a Car at ADESA Auction—Now What?


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This is a guest post by Hank Daunhauer, director of product management at ADESA.  Whether you buy cars online or at auction, you need a safe and reliable solution to transport vehicles from the lanes to your dealership lot. Transporting vehicles yourself isn’t always possible for several reasons, including cost and time. Fortunately, auctions have solutions...
VIDEO: Kontos Kommentary for December 2018

VIDEO: Kontos Kommentary for December 2018


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Average wholesale prices in December softened on a year-over-year basis for the second month in a row and for the seventh time in 2018, supporting our expectation of general price softening due to supply growth. Supply growth is increasingly concentrated in the truck segments, which consequently saw greater price softening in December than did cars. ...
VIDEO: Kontos Kommentary for November 2018

VIDEO: Kontos Kommentary for November 2018


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Average wholesale prices in November softened on a year-over-year basis in part from comparison to last year’s inflated prices from Hurricanes Harvey and Irma. Still, prices were down on a month-over-month basis in November at a greater-than-seasonal level, indicating weaker market conditions. Off-lease units remain a major bright spot, as these vehicles are scarcer at...
VIDEO: Kontos Kommentary for September 2018

VIDEO: Kontos Kommentary for September 2018


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As the wholesale used vehicle market enters the period of time comparable with last year’s hurricane season, wholesale prices will be challenged to meet last year’s high, demand-driven levels. This is reflected in average wholesale prices in September, which fell on both a month-over-month and year-over-year basis, and significantly lower retail used vehicle sales than...