Kelley Blue Book on Storm Recovery and Where Q1 2013 Market is Heading


Alec Gutierrez
Senior Market Analyst of Automotive Insights
Kelley Blue Book

UV values were relatively flat in October w/ scant 1.5% drop overall, putting them down only 1% year-over-year; Prior to arrival of Hurricane Sandy, auction activity had settled into typical 4th quarter seasonal slowdown; Values could creep up as inventory shifts to East Coast to assist recovery efforts.

Click here to read this month’s Blue Book Market Report.

May Take 6-8 Weeks for Franchised Dealers to Receive Additional New Vehicle Allocation Post Storm:
Supplements lost-car inventory with additional used, raising values in short term.

KBB’s Q1 2013 Forecast Places Used-Car Gains in Neighborhood of 0 to 1%:
Increase in wholesale values will be muted by increase in supply that is expected to arrive at auction early next year.

About 18% of New Car Shoppers Want Vehicle with Better Fuel Economy:
Could explain why best-selling cars in marketplace continue to be mid-size cars, compact cars and small crossovers.