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Consignors

Used Fleet Vehicles Worth 8.1% More Than Last Year

Vehicles that were taken out of commercial, government, and daily rental fleets and sold at auction in July were worth 8.1% more than they were a year ago and 0.4% more than in June, according to Tom Kontos, KAR Auction Services' chief economist.

Fleet Lease Consignor Prices Rise 2.3%

Off-lease vehicles from fleet consignors in the rental, commercial, and government sectors increased 2.3% in April from March and increased 5.8% from a year ago, according to analysis from KAR Auction Services.

Fleet Lease Consignor Prices Up 6.6% in March

Prices for vehicles from fleet lease consignors increased 6.6% in March and are 4.9% higher than a year ago driven in part by a strong spring selling season that boosted the values significantly from February levels, according to KAR Auction Services.

Fleet Lease Consignor Prices Fall 2.3%

Wholesale prices for used vehicles from fleet lease consignors fell 2.3% in November from October, but were 0.8% up from a year ago, according to Tom Kontos, the chief economist for KAR Auction Services.

Fleet Lease Consignor Prices Fall 1.6%

Wholesale prices for fleet lease consignor vehicles fell 1.6% in October from the prior month and 4.5% higher than a year ago, Tom Kontos said in his monthly commentary.

Fleet Lease Consignor Prices Advancing Steadily

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.

Used Car Prices 'Softening,' ADESA's Kontos Says

February provided "further concrete evidence of softening" of used vehicle prices during a month that usually shows improvement from January, ADESA's Tom Kontos wrote in his monthly Kontos Kommentary.

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