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

Gutierrez_Alec

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.

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