Overdrive by ADESA
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VIDEO: Kontos Kommentary for January 2016

VIDEO: Kontos Kommentary for January 2016


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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...
Highlights From Super Bowl 50 Car Ads

Highlights From Super Bowl 50 Car Ads


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The Denver Broncos may have won Super Bowl 50, but car companies that advertised during the big game had their own reasons to celebrate. Powerful, creative and entertaining car ads have become a staple of television’s most-watched event of the year. I am always curious to see what they will come up with next. This...
Doug Hadden Shares Advice on Sourcing and Selling Pre-Owned Vehicles in the Wholesale Market

Doug Hadden Shares Advice on Sourcing and Selling Pre-Owned Vehicles in the Wholesale Market


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During last month’s Used Car Week conference, Doug Hadden, ADESA’s executive director of dealer services, training and development, was featured on a panel discussing innovative ways of buying and selling used cars in the wholesale channel–including physical auctions, dealer-to-dealer networks, and more. Check out the video below: Here are a few key points Doug shared during...
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...
ADESA’s Top 10 Blog Posts of 2015

ADESA’s Top 10 Blog Posts of 2015


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Another year has come and gone. During these past 12 months, ADESA celebrated many incredible milestones and our Overdrive Blog was there to document it all. As we reflect on 2015, here is a list of our top 10 ADESA Overdrive Blog posts: 10. KAR Fun Fridays Return to Celebrate Americana Returning for their second year,...
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...
KAR Carmel Competes in the Corporate Challenge

KAR Carmel Competes in the Corporate Challenge


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KAR’s Carmel office took part in the company’s first Corporate Challenge this fall. This annual event—hosted at the Indianapolis Motor Speedway—brings teams from major companies in central Indiana together for fun and friendly competition, all for the chance to bring home bragging rights. The schedule included competitive events—running and bike races, cornhole, volleyball and bowling—as...
Warren Clauss Named NAAA Vice President

Warren Clauss Named NAAA Vice President


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We are excited that Warren Clauss, general manager of ADESA Buffalo, was recently elected vice president of the National Auto Auction Association (NAAA) for the 2015-2016 term. NAAA represents more than 300 member auctions and 100 associate members in North America. Warren is a familiar face to NAAA members. He’s previously served as director for...
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...