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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