Overdrive by ADESA
Posts tagged "Tom Kontos"
VIDEO: Kontos Kommentary for October 2016

VIDEO: Kontos Kommentary for October 2016


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The softening wholesale price environment became more apparent in October, as wholesale supply continues to grow while retail demand weakened. A point I have not seen noted by other analysts is that new vehicle sales for the year finally fell behind last year’s year-to-date levels, indicating that 2016 will not match 2015 record in total...
On the Road to Las Vegas for Used Car Week 2016

On the Road to Las Vegas for Used Car Week 2016


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Groups from ADESA, KAR Auction Services and PAR North America are all preparing to converge in Las Vegas, Nevada, for the NRC/NAAA Conference and Used Car Week from November 15–November 18. We look forward to this event each year as a time to network, participate in workshops, and learn from innovative industry leaders as they...
VIDEO: Kontos Kommentary for September 2016

VIDEO: Kontos Kommentary for September 2016


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Average wholesale values were flat in September, but remained up on a year-over-year basis primarily on the strength of truck prices and a higher proportion of pricier off-lease units. Retail used vehicle sales, including CPO sales, were relatively weak, though both remain up for the year. To read the entire Kontos Kommentary used vehicle market...
VIDEO: Kontos Kommentary for August 2016

VIDEO: Kontos Kommentary for August 2016


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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


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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


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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


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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...
5 Valuable YouTube Channels For Car Dealers

5 Valuable YouTube Channels For Car Dealers


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For car dealers who don’t have time to read every industry trend article, YouTube videos are a great way to hear about insights and commentary in a more engaging format. But with all the YouTube channels out there, it can be hard to find the ones relevant to car dealers. That’s why we created this...
VIDEO: Kontos Kommentary for April 2016

VIDEO: Kontos Kommentary for April 2016


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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...