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Tag Archives: used vehicle prices
September Used Vehicle Market Sees Prices Falling
The September U.S. used vehicle market saw depreciation climb and prices drop -3.6%, making the month’s performance the largest decline recorded in 2016. Continue reading
Posted in financial results, news analysis, sales
Tagged autoinformed, autoinformed.com, Ken Zino, nada used car guide, used vehicle prices
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Stronger New Vehicle Sales to Weaken Used Prices?
The continued recovery of new US vehicle sales might result in some price cuts in used rides for the first time since 2008 when the Bush Administration’s Great Recession took hold. The economy is still hurting and the US labor force participation rate and long term unemployment are disgraceful, no matter what the ‘no jobs’ Obama Administration claims. Continue reading
Posted in aftermarket, news analysis
Tagged alg, autoinformed, autoinformed.com, Ken Zino, Larry Dominique, residual values, used vehicle prices
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Full-Size Pickup Truck Trade-In Prices Up 7%
Auction prices for full-size pickup trucks are up 7% for the first four months of 2013, according to the May edition of the NADA Used Car Guide. Contributing to the higher values for used, full-size pickups is supply and demand. The supply of full-size pickups up to 8-years-old declined by 17% from 2007 to 2012, and will fall by an additional 8% on an annual basis in 2013, NADA predicts. As a result, full-size pickup trucks have increased in price 28% from 2007 to 2012, Continue reading
Posted in auto news
Tagged autoinformed, autoinformed.com, Ken Zino, nada, pickup trucks, used vehicle prices
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Used Vehicle Incentives Decrease for the First Time in Years
Whether this is a trend that will save consumers money, or just a blip is debatable and contingent on the U.S. economy and the stated – but not yet implemented – Federal Reserve desire to raise interest rates. Continue reading →