Average wholesale prices for used fleet lease vehicles increased 0.2% in September from the prior month and 3.6% from the prior year in a market that was bolstered by dealer demand in hurricane-stricken regions, according to Tom Kontos, KAR Auction Services' chief economist.
by Staff
October 20, 2017
Screenshot of Tom Kontos courtesy of KAR Auction Services.
1 min to read
Screenshot of Tom Kontos courtesy of KAR Auction Services.
Average wholesale prices for used fleet lease vehicles increased 0.2% in September from the prior month and 3.6% from the prior year in a market that was bolstered by dealer demand in hurricane-stricken regions, according to Tom Kontos, KAR Auction Services' chief economist.
In his monthly Kontos Kommentary, Kontos reported year-over-year growth in midsize cars from fleet consignors as increasing 2.7% to $11,641, while midsize SUVs increased 3.7% to $19,767.
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Overall wholesale used vehicle prices from all consignors increased 0.9% to $11,046 from August and 2.9% from September of 2016. Truck segments outperformed car segments, but both increased.
"This could be indicative of greater balance in the supply of both groups of vehicles, whereas previously trucks were in relatively short supply," Kontos said.
Average wholesale prices for used vehicles remarketed by manufacturers were down 0.7% month-over-month and up 4.1% year-over-year. Average prices for dealer consignors were up 0.5% versus August and up 5.7% relative to a year ago.
September CPO sales were down 3.6% from the prior month but up 6.6% year-over-year and up 1.0% on a year-to-date basis, according to figures from Autodata.
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.
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.
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.
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.
