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TAG SEARCH RESULT: Used Vehicle Values

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November 14, 2017

High-Mileage Vehicle Depreciation Strengthens

Vehicles over 100,000 aren’t depreciating at the same as they used to due mostly to a tight supply of late-model used vehicles, according to Edmunds’ Q3 Used Vehicle Market Report.

November 8, 2017

Manheim's Used Vehicle Values Rise 6 Straight Months

Wholesale used vehicle prices rose for the sixth month in a row in October, increasing by 1.02%, according to Manheim’s October Used Vehicle Value Index. This brought the index to 136.3, an 8.1% rise from a year ago.

October 12, 2017

Hurricane Replacement Still Boosting Used Vehicle Prices

The average price of used vehicles model years 2012-2016 fell 0.7% in September, with the lion’s share of that depreciation coming from the car segment, according to Black Book. As of September, all vehicles are averaging a 12-month depreciation of 14.5%.

September 5, 2017

Wholesale Medium-Duty Truck Values Continue to Fall

Depreciation among wholesale medium-duty trucks continued to rise through July and August, according to Black Book’s September Specialty Markets report.

August 17, 2017

Manheim Improves Vehicle Valuation Tool

Manheim has updated its vehicle valuation tool, the Manheim Market Report (MMR), to provide more detailed valuations of used vehicles to increase transparency and improve the remarketing process, the company announced.

August 15, 2017

Used Truck Prices Hold Firm in July

J.D. Powers analysts found prices for used trucks remain high as volume levels dropped, while retail prices continue to hold steady as well.

July 17, 2017

Car Rental Rates Up, Fleet Sales Down — Correlation?

Car rental companies’ recent fleet discipline is needed now more than ever.

July 10, 2017

Used Vehicle Values Keep Climbing Higher, Manheim Says

The Manheim Used Vehicle Value Index hit a record high for the second consecutive month, as wholesale used-vehicle prices rose 1.1% month over month in June. The increase brought the Index to 129.3, a 2.5% increase from a year ago.

June 5, 2017

Black Book's Used Vehicle Valuation Index Falls in May

“It is expected that we will see more declines in the Index in the months ahead as we move deeper into the year, particularly driven by softness among car segments,” said Anil Goyal, senior vice president of Automotive Valuation and Analytics for Black Book.

November 4, 2016

Depreciation Bites Harder in October, Black Book Says

Depreciation for 1- to 5-year-old vehicles saw a significant increase to 2.9% for October from the 2.3% September rate with passenger cars seeing greater weakness, according to Black Book.

October 26, 2016

Auto Rental Summit: Five Trend Lines

Taking in the seminars, discussions, and networking at the 2016 Auto Rental Summit, trend lines emerged around shifts in model mix, data protection issues, increasing labor costs, workforce engagement, and new platforms to rent cars.

February 5, 2016

Full-Size Pickup Depreciation Slows; Medium-Duties Hold Steady

The full-size pickup segment experienced the least depreciation seen in the segment since September 2015 with 0.02 percent. Additionally, the medium-duty truck market held steady this past month.

July 15, 2015

The Off-Leases are Coming! Are You Ready?

The used car market will face a confluence of factors to make 2016 a challenging year.

December 8, 2014

5 Predictions for Car Rental in 2015

Next year’s mechanics hinge on plentiful new car supply and a softening used car market.

November 14, 2014

Hertz’s Earnings News: Rapid Reaction

Hertz will be on an accelerated buying and selling schedule in the next six months. How might that affect the market?

October 8, 2014

Used-Vehicle Depreciation Peaks in September

Used vehicles sold at auctions logged their highest depreciation this year in September, as 2009-2013 car and truck models fell 1.7 percent in value.

May 21, 2014

April Used Vehicle Prices Up 3.7% From Year Ago

Wholesale prices remained at high levels in April, reflecting scarcity in supply and abundance of demand, according to the latest Kontos Kommentary from ADESA Chief Economist Tom Kontos.

March 26, 2014

6 Market Predictors for 2014

In their fourth quarter conference calls, Avis Budget Group and Hertz gave an outlook on fleet costs, the used car market, fleet optimization strategies and potential acquisitions. Hertz shed light on the fallout from that excess fleet.

March 12, 2014

Manheim: Used Vehicle Prices 1.1% Higher Than Year Ago

Wholesale used vehicle prices rose 0.8% in February while used vehicle sales declined 1.3%. The Manheim Used Vehicle Value Index now stands at 123.3, an increase of 1.1% from a year ago.

February 12, 2014

Used Vehicle Sales Weaken in January, Reports Manheim

After a decline in December, wholesale used vehicle prices rose 0.5% in January. The Manheim Used Vehicle Value Index now stands at 122.3, a decline of 0.9% from a year ago.

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