NADA Used Car Guide News & Analysis
NADA Used Car Guide continually gathers and analyzes the latest automotive industry trends in order to keep you informed and to provide crucial guidance for every business decision on the purchase, sale, loan, lease or assessment of a used vehicle. We publish monthly NADA Used Car Guidelines, which recaps industry activity, predicts what lies ahead in the marketplace and explains movement in the used vehicle valuation market. Also every month our executive automotive analysts present comprehensive video market overviews and blogs based on this extensive knowledge base and expertise.
Used Car & Light-Duty Truck Guidelines: Wholesale prices of vehicles up to eight years in age fell by 3.6% in September. The month’s loss fell nearly in the middle of NADA Used Car Guide’s forecasted range of 3.3% to 3.8%. September’s month-end result was the largest decline recorded yet in 2016. Losses for the period over the previous three years averaged a similar, but slightly lesser, 3.3%. As a result of the month’s performance, NADA Used Car Guide’s seasonally adjusted used vehicle price index fell by 1% to 117.5. The figure brings the index to its lowest level since March 2011 when it was 116.2. Download the October Used Car & Light-Duty Truck Guidelines.
Commercial Truck Guidelines: Auction volume increased moderately in September, but the impact to pricing was minimal. Retail pricing continues to outperform expectations, and the volume of trucks sold to end users increased dramatically month-over-month. Lower pricing may be enticing more buyers back into the marketplace. Download the October Commercial Truck Guidelines.
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On average, depreciation—or the loss in value associated with advancing age and mileage—is by far the number one expense associated with owning a vehicle. Depreciation, and ultimately retained value, is determined by a variety of causes. Factors such as reputation for quality and dependability, fuel economy and performance, and vehicle design play critical roles in determining how well value is retained, as do new vehicle pricing, incentive levels and production volumes. Read More...
Executive Automotive Analyst, Jonathan Banks and Senior Commercial Truck Analyst,Chris Visser, report on the latest monthly insight on the used car, truck and commercial truck market. View the videos >
NEWS & PRESS
LONDON AND COSTA MESA (CA), September 7, 2016 — XIO Group, a global alternative investments firm headquartered in London, today confirmed that it has completed its previously announced acquisition of J.D. Power and Associates, the leading provider of marketing data and analytics for businesses and consumers worldwide, from S&P Global (NYSE: SPGI) for $1.1 billion. J.D. Power will remain headquartered in Costa Mesa, California and continue to be led by its existing senior management team. Read More...
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