This Kontos Kommentary analysis is based on nearly six million annual sales transactions from more t

According to the latest Kontos Kommentary from ADESA's Chief Economist Tom Kontos on used vehicle prices, average wholesale used vehicle prices in September los angeles dodgers logo were "virtually flat" compared to August and down on a year-over-year basis. The decrease, though, is considerably less than the last three months.
los angeles dodgers logo According to ADESA Analytical Services monthly analysis of wholesale used vehicle prices by vehicle model Class, wholesale used vehicle prices in September averaged $9,550 up 0.3% compared to August and down 2.1% compared to September of last year. By comparison, the year-over-year los angeles dodgers logo average price drops during summer were in the 4% range, almost double September los angeles dodgers logo s drop.
Segments with significantly los angeles dodgers logo higher prices in September versus August were Fullsize Cars, Fullsize Vans and Fullsize SUVs, though Luxury cars and Luxury SUVs also showed notable price growth. Our new Crossover segments showed modest price growth.
Prices for used vehicles remarketed by manufacturers fell by 6.6% month-over-month in September, and were down 0.9% year-over-year, indicating downward price pressure on manufacturers vehicles as more off-rental vehicles began entering the market after Labor Day. Fleet/lease consignors experienced a modest 0.5% decrease in September, leaving prices down 0.4% year-over-year, according to the analysis.
This Kontos Kommentary analysis is based on nearly six million annual sales transactions from more than 150 of the largest U.S. wholesale auto auctions, including those of ADESA as well as other auction companies. ADESA Analytical Services segregates these transactions to study trends by vehicle model class.