KBB Takes a Long-Range View on Where Used Vehicle Prices Heading

This year start­ed strong, but with no strong gain in used vehi­cle prices in Q1, auc­tion val­ues began an ear­ly decline in April and since have declined below lev­els seen in 2012 and 2011. Kel­ley Blue Book expects depre­ci­a­tion to con­tin­ue through the remain­der of the year, with year-end val­ues no more than 3% to 5% per­cent below 2012.

 

Only a few seg­ments are main­tain­ing a pos­i­tive val­ue for the year – mid-size pick­up trucks are doing well from….

Hybrids have tak­en the biggest fall – near­ly 9% from Jan­u­ary; the drop in the first quar­ter can be attrib­uted to….

Auc­tion val­ues of 1-to 3-Year-old lux­u­ry vehi­cles fell near­ly 1% in May; the seg­ment per­form­ing bet­ter than over­all mar­ket aver­age, which fell….

 

Click here to read the lat­est Blue Book Used-Car Mar­ket Report….



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