ADESA’s Tom Kontos on What’s Happening in Used Vehicle Market

Feb­ru­ary whole­sale prices were sim­i­lar to January’s – more in line the gen­er­al soft­en­ing pat­tern that began in mid-2012 but were dis­rupt­ed by Super­storm Sandy, said Tom Kon­tos, Exec­u­tive Vice Pres­i­dent, Cus­tomers Strate­gies & Ana­lyt­ics at ADESA Ana­lyt­i­cal Ser­vices in his month­ly Kon­tos Kom­men­tary report.

ADESA Ana­lyt­i­cal Ser­vices’ whole price indi­ca­tor reached $9,752 for Feb­ru­ary, down 2.8% from Jan­u­ary and, com­pared to Feb­ru­ary 2012, was at…

Near­ly every sin­gle used vehi­cle seg­ment was down month-over-month from Jan­u­ary, except for one seg­ment that saw an increase…

Manufacturer’s remar­ket­ed vehi­cles were up 1% year-over-year, down from January’s 7.7% price increase, but one seg­ment did show Feb­ru­ary price strength…

Click here to read how fleet/lease and deal­er con­signors did in Feb­ru­ary, and oth­er high­lights of the lat­est Kon­tos Kom­men­tary…

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