Used Vehicle Values

Wholesale Optimism: Used Vehicle Prices Up 5.74% in May

According to Manheim, wholesale used vehicle prices increased 5.74% in the first 15 days of May compared to the month of April. New and used retail vehicle sales show substantial gains from March’s free fall.

AFLA Canada Hosts Webinar on Vehicle Depreciation in the Canadian Market

The Automotive Fleet & Leasing Association (AFLA Canada) held a webinar on Thursday, May 7, 2020 on the Canadian fleet market titled "The Impact of the Recent Economic Downturn on Vehicle Depreciation: What Fleets Need to Know.”

New Methods and Channels of Remarketing Needed Now More Than Ever

Now in the midst of the coronavirus crisis, pressure on residual values is predicted to increase lender’s credit losses as vehicle sales slow and unemployment rises. Now is the time for some creative online solutions.

Manheim Used Value Index Grows 6.2% in February

Wholesale used vehicle prices increased 1.35% month-over-month in February, bringing the Manheim Used Vehicle Value Index to 143.5, which is 6.2% higher than it was at the same time in 2019.

Luxury Segment Values at Wholesale Hold Strong

Vehicle values held steady last week, as various luxury segments continued to see positive movement in their week-to-week wholesale values.

Spring Market Fueling Healthy Wholesale Values

Overall car segment values decreased 0.11% last week, compared to a 0.04% gain the week before. Overall truck segment values decreased 0.03% last week, compared to 0.19% the week before.

Spring Buying Ramping Up at Start of February

Overall wholesale values last week were strong, indicating a possible early start to the spring sales season.

Midsize Cars and Minivans Lift Weekly Wholesale Values

Overall car segment values decreased 0.21% last week, compared to 0.13% the week before. Overall truck segment values decreased 0.18%, compared to 0.28% the week before.

Slow Start Expected to January New-Vehicle Sales

Retail sales have been trending downward in recent years and that trend is expected to continue as the industry’s supply of gently-used off-lease vehicles continues to grow.

As January Comes to a Close, Depreciation Remains Low

Overall car segment values declined 0.13% last week, compared to 0% the week before. Overall truck segment values decreased 0.28% last week, compared to 0.17% the week before.

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