MENU
SEARCHAverage wholesale prices for fleet lease vehicles were down 1.9% month-over-month, but up 0.4% year-over-year, according to Tom Kontos, KAR Auction Services' chief economist.
Average wholesale prices for fleet lease vehicles were down 1.9% month-over-month, but up 0.4% year-over-year, according to Tom Kontos, KAR Auction Services' chief economist.
In his monthly report, Kontos stated that midsize cars in the fleet consignors experienced a 2.8% decline in average price on a year-over-year basis during December. Meanwhile, midsize SUV/CUVs experienced a 0.3% rise in average price, he reported.
“Although Midsize SUV/CUV prices were up in December in this analysis, the increase was modest compared to September through November. This may be indicative of a cessation in truck demand growth in Texas after Hurricane Harvey,” Kontos said.
Overall wholesale used vehicle prices in December averaged $10,804, up 0.1% over the previous month and up 1.5% from the same time last year.
Average wholesale prices for used vehicles remarketed by manufacturers were down 3.3% month-over-month, but up 8.3% year-over-year, Kontos added.
Looking at franchised and independent dealers, December retail used vehicle sales were down a combined 3.4% year-over-year, according to the National Automobile Dealers Association. Certified pre-owned sales during the month were up 9.0% compared to the prior month, and up 4.8% year-over-year, according to Autodata.
The second half of CAR 2026 examined how fleets can translate lifecycle strategy, vehicle data, and market shifts into higher real-world results.
Read More →
The 2026 Conference of Automotive Remarketing convened with a mandate to involve a new constituency — fleet managers — and an updated mission to demonstrate unrealized value in de-fleeted vehicles.
Read More →
CARA recently opened up a part-time executive director position and appointed Johan Verbois for the role.
Read More →
The Association, dedicated to advancing the remarketing phase of the vehicle lifecycle, held its kick-off meeting on April 16 at the 2026 Conference of Automotive Remarketing (CAR) in Cleveland.
Read More →
Franchised and independent dealers had a total of 1.95 million used vehicles in stock in March, the lowest on record in the current data set.
Read More →
Demand signals remain strong at auctions, with sales conversions, a clear sign of demand, reaching 68.2% in the most recent measure.
Read More →
From a Wall Street analyst's take on remarketing's key players to whether fleets need their own version of Carfax, CAR 2026's afternoon roundtables will answer key operational and industry questions.
Read More →
Work trucks lose value at remarketing, not because they aren't worth more, but because the data to prove it rarely makes it to the auction.
Read More →
A panel at the 2026 Conference of Automotive Remarketing will examine how resale value is created across the vehicle lifecycle and which traditional remarketing practices still deliver ROI.
Read More →
Solid demand at Manheim auctions with higher sales conversion rates indicate an appetite from dealers to buy.
Read More →
