April 12, 2012
Average auction prices climb above $10,000 for the first time since June 2011.
Tags: ADESA, Tom Kontos, used car prices, auction prices, KAR Auction Services Inc.
May 19, 2010
Used-vehicle prices are achieving highs that will start to drive used-vehicle buyers to new cars, says Tom Kontos in Adesa's April Current Used Vehicle Market Conditions and Outlook.
Tags: ADESA, new vehicle sales, used vehicle sales
April 15, 2010
Wholesale used vehicle prices in March averaged $10,549 — a 4 percent increase from February and a 6.8 percent increase from prior year.
Tags: Auction, ADESA, wholesale market
March 18, 2010
Wholesale used-vehicle prices in February averaged $10,138, a 3 percent increase from November 2009 and an 8.3 percent increase from the prior year. This is the first time since July 2009 that average prices have topped $10,000.
Tags: ADESA, used vehicle sales
November 12, 2009
Tom Kontos of Adesa reports that wholesale used vehicle prices in October averaged $9,447 -- a 3 percent decrease from September, but a 9.5 percent increase from last year's October results.
Tags: ADESA, Tom Kontos, wholesale market
October 15, 2009
In his monthly used vehicle market conditions commentary, Tom Kontos of Adesa reports that wholesale used vehicle prices in September averaged $9,742 -- a 2.1 percent decrease from August but a 2.1 percent increase from September 2008.
Tags: ADESA, wholesale market, Cash for Clunkers, used vehicle sales
September 17, 2009
KAR Holdings, Inc. is the holding company for ADESA, Inc., a leading provider of wholesale used vehicle and salvage auction services in North America. Timing has not been announced.
According to ADESA Analytical Services' monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class, wholesale used vehicle prices in August averaged $9,949 -- a 0.7 percent decrease from July but a 3.9 percent increase from August 2008.
August 13, 2009
In his July commentary, Tom Kontos of Adesa says that firming used vehicle prices resulting from low trade-in supply and strong used car demand are conditions that have been in place for the entire year.
Tags: ADESA, Tom Kontos, wholesale market, Cash for Clunkers
June 11, 2009
According to the report, average prices were up on a year-over-year basis for the first time since December 2007.
May 14, 2009
One would have expected lower wholesale supply and improving retail demand to have resulted in stronger wholesale prices in April. Yet many dealers are limiting their days-supply of used vehicles by keeping fewer units in inventory and turning them quicker.
April 16, 2009
Adesa reports that average auction prices rose sequentially for the fifth month in a row, though still "modestly under water" on a year-over-year basis.
December 11, 2008
Tom Kontos of ADESA says that the wholesale market in November was nearly as weak as October, but the worst may be over.
Tags: ADESA, Tom Kontos
November 13, 2008
The credit crisis might continue to cause softening in wholesale values for the rest of the year and into next year.
Tags: ADESA, Pickup trucks
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