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 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.
The wholesale market closed the year on something of a down note in December as prices of used vehicles up to eight years old fell by almost 2% over the month. The fall was much steeper than the 0.5% decline averaged for the period over the previous five years and marked the weakest result for the month since 2003. As a result, NADA Used Car Guide’s seasonally adjusted used vehicle price index fell by 1.6% from November to 122.4, and moved nearly 2% below last December’s level. Download January Guidelines here >
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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
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