ADESA’s Tom Kontos on Spring Seasonal Price Trends

ADESA’s Tom Kon­tos says:  Whole­sale prices rose sea­son­al­ly but fell annu­al­ly in March, indi­cat­ing a soft­en­ing of the over­all price trends envi­ron­ment com­pared to the last three Spring/tax sea­sons. Soft­en­ing is to be expect­ed as UV prices had risen to high lev­els rel­a­tive to new vehi­cle prices.

Retail sales of used and cer­ti­fied pre-owned vehi­cles have been strong, pro­vid­ing demand sup­port that prices from…

Whole­sale prices aver­aged $10,028, accord­ing to ADESA Ana­lyt­i­cal Ser­vices – up 2.9% com­pared to Feb­ru­ary but down….

Used vehi­cle prices seemed to emu­late pat­terns seen in new vehi­cle sales data – full­size pick­up trucks and small SUVs and crossovers had….

Click here to view the lat­est Kon­tos Kom­men­tary to get details on ADESA Ana­lyt­i­cal Ser­vices’ per­spec­tives on mar­ket trends…

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