Used Vehicle Market Conditions Stabilizing Overall, NADA Reports

NADA Used Car Guide - October 10, 2012

While whole­sale used vehi­cle prices were down for the third straight month in Sep­tem­ber, mar­ket con­di­tions are bet­ter than they were a year ago. Sep­tem­ber 2011 saw a 4% drop from the pre­vi­ous month, while Sep­tem­ber 2012 only saw a 2% rate. Used vehi­cle demand is remain­ing sta­ble, accord­ing to NADA Used Car Guide. Off-rental vol­ume is con­tin­u­ing to grow by dou­ble dig­its, affect­ing com­pact and mid-size cars and mid-size vans more than oth­er seg­ments.

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