Overdrive by ADESA
Posts tagged "economics"
VIDEO: Kontos Kommentary for June 2019

VIDEO: Kontos Kommentary for June 2019


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Summary The 2019 spring/tax season used vehicle market came to an end appropriately in June, as average wholesale prices fell on a month-over-month basis, although they were up year-over-year.  Solid retail used vehicle sales again provided demand-side support for wholesale values. Watch my June Kontos Kommentary below: Details According to ADESA Analytical Services’ monthly analysis...
Kontos Kommentary for May 2019

Kontos Kommentary for May 2019


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Summary It would appear that the 2019 spring/tax season market started later but lasted longer than other years, as average wholesale prices were up on both a month-over-month and year-over-year basis in May. Retail used vehicle sales, including CPO sales, provided demand-side support for wholesale values. Details According to ADESA Analytical Services’ monthly analysis of...
VIDEO: Kontos Kommentary for April 2019

VIDEO: Kontos Kommentary for April 2019


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Summary The spring/tax season market reached full-bloom in April as average wholesale prices reached what will likely be peak or near-peak levels for the year based on historical seasonal trends. Car prices moved in parity with truck prices overall on a month-over-month basis and showed particular strength in the off-lease segment at physical auctions. Watch...
VIDEO: Kontos Kommentary for March 2019

VIDEO: Kontos Kommentary for March 2019


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Summary Average wholesale prices and retail used vehicle sales were strong in March, typifying the usual spring/tax season market uptick.  In addition, our analysis increasingly indicates that prices for car segments are beginning to hold up better, while crossover and SUV truck segments may be starting to have a tougher go. In recent years, the...
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...
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...
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...