September Down but 2014 Should End Higher than Past Two Years

Alec Gutier­rez
Senior Anaylst
Kel­ley Blue Book

For the first time since March 2014, the aver­age used-car auc­tion val­ue has dropped below the aver­age val­ue seen in 2013. September’s whole­sale aver­age fell $307, about 2%. Despite this recent dip below 2013 val­ues, Kel­ley Blue Book expects val­ues to fin­ish the year slight­ly high­er than both 2012 and 2013.

Here is the lat­est Blue Book Mar­ket Report

Sports Car and Sub­com­pact Car Seg­ments Tied for Worst-per­form­ing Seg­ments at 3.9% Each:
All seg­ments were down and vans amd mid-size pick­ups did best at 0.1% and 1% down, respec­tive­ly.

Sep­tem­ber Saw 2.4% Drop by Seg­ment in Aver­age Mar­ket Change:
Com­pared to August, when the aver­age decline was just 1.7 per­cent.

Full-size Pick­ups Con­tin­ued Decline with 2.6% Below August Fig­ures:
Year over year, full-size pick­up prices were up 4.1% over Sep­tem­ber 2013.



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