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 reflects growing supplies of these units. Retail used vehicle sales, though down from prior-month levels, were strong on a year-over-year basis. Certified pre-owned sales continue to be strong. Watch my video report below.

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