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.
Wholesale prices of vehicles up to eight years old usually climb during March, and this past month they did so by just over 1% on a monthly basis. The upward tick is not without converse occurrence since it was well below the 2.7% average rise recorded from 2009 – 2015. March’s tepid performance pulled NADA Used Car Guide’s seasonally adjusted used vehicle price index down by roughly 1% from February to 118.6, which is the lowest level recorded since early 2011. The first quarter of the year ended with the index down 3.6% from Q1 2015, marking the first year-over-year decline for the period since 2009’s recession induced slide. Download the April 2016 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 >
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