Kontos Kommentary — April 2012

Tom Kon­tos
EVP of Cus­tomer Strate­gies & Ana­lyt­ics
ADESA Ana­lyt­i­cal Ser­vices

Kon­tos Kom­men­tary — April 2012

Aver­age whole­sale used vehi­cle prices in April remained near peak lev­els achieved in past two years; Used vehi­cle prices have prob­a­bly seen their cycli­cal and sea­son­al peak and, absent events like last year’s tsuna­mi, have more down­side poten­tial than upside.

Even if Down­side, Watch for Effect of Tight Sup­plies:
Like­ly to keep used vehi­cle prices from falling dra­mat­i­cal­ly rest of year and well into 2013.
April Whole­sale Used Vehi­cle Prices Aver­aged $10,577:
Down 0.5% com­pared to March and flat rel­a­tive to April 2011.
Com­pact Cars, Mini­vans, and Small­er SUVs Tend­ed to Yield Strong Prices:
Per­haps reflect­ing ongo­ing selec­tiv­i­ty among deal­ers in favor of more fuel effi­cient cars and trucks for used car lots.

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