I’ve been overwhelmed with positive feedback since launching Kontos Kommentary on video and want to thank our readers and viewers for the kind comments. Our latest video covers not only the August results, but also our 2015 midyear review edition of Pulse. I hope you find the content valuable and insightful.

Average wholesale used vehicle prices fell on a year-over-year basis for the first time since August of 2014, as previously elevated sales of higher-priced, late-model off-rental program units have subsided and comparisons to prior year are now on more of an apples-to-apples basis in terms of seller-type composition. We now see a clearer picture of the downward pressure that supply growth is putting on prices. Moreover, though retail used vehicle demand has been strong, average new car incentives have been climbing, which puts further downward pressure on used vehicle prices. These impacts are most evident in car prices, as truck prices have held up well in the current low fuel price environment.

To read the entire Kontos Kommentary used vehicle market outlook for August 2015, visit adesa.com/kontos-kommentary.