Considering the increased supply of used vehicles wholesaled in January, used vehicle prices held up surprisingly well, despite soft retail demand and high new vehicle incentives. Nevertheless, pockets of supply-driven weakness did appear in rental program and risk units, and younger vehicles in general.

Watch the January Kontos Kommentary below:

To read the entire Kontos Kommentary used vehicle market outlook for January 2017, visit http://adesa.com/kontos-kommentary.