Kelley Blue Book Analyzes October Wholesale Market Prices

Kel­ley Blue Book tracked whole­sale used vehi­cle trends in Octo­ber in its lat­est edi­tion of Blue Book Mar­ket Report. Here’s some of the sig­nif­i­cant mar­ket trends report­ed……

  1. While auc­tion val­ues dropped an aver­age of 1.7%, or near­ly $285, dur­ing the month, val­ues are still per­form­ing well on a year-over-over year basis.
  2. Auc­tion val­ue is still $220 more than at this time last year.
  3. Look­ing for­ward to the fourth quar­ter, auc­tion val­ues should decline at a slight­ly faster pace than in the pre­vi­ous two quar­ters. This will come from the influx of off-lease vehi­cles into auc­tion lanes.
  4. While val­ues for the 2012 Nis­san Leaf had tak­en a big hit ear­li­er this year, val­ues rebound­ed $2,000 or near­ly 12% through Octo­ber. Increased demand over­seas for elec­tric vehi­cles also has sparked more inter­est from exporters in the auc­tion lanes.
  5. Auc­tion val­ues were down 3.6% month-over-month in the com­pact SUV/crossover seg­ment as vol­ume increased in auc­tion lanes.
  6. Declines in val­ue for full-size cars slowed down in Octo­ber.
  7. Mid-size cars con­tin­ues to out­per­form when com­par­ing year-over- year auc­tion val­ues. The seg­ment is 3.9% over where it was a year ago.
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