Art Spinella on Stagnant Pricing in January’s Retail and Wholesale Markets

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Used car sales were approach­ing 2.3M units in late Jan­u­ary, up 4% from Jan­u­ary 2012. Inde­pen­dent deal­ers had the high­est per­cent­age gain, fol­lowed closely by fran­chised; pri­vate party was down and should reverse course soon, said Art Spinella in January’s Retail Auto­mo­tive Summary.

The Ford F-Series has been the num­ber one sell­ing used vehi­cle for at least 13 years in a row, and the Chevy Sil­ver­ado was bumped from No. 2 by…

Used vehi­cle prices remained stag­nant at both the retail and whole­sale lev­els, and for fran­chised deal­ers, trans­ac­tion prices were down…

The grow­ing sup­ply of trucks and pas­sen­ger cars is part of the price prob­lem, and in Jan­u­ary days’ sup­ply it was about…

Click here to read more of Art Spinella’s take on what hap­pened in January’s mar­ket and where it’s all headed…

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