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:October is typically one of the softest months of the year for used vehicle prices, and this year was no exception. Wholesale prices of vehicles up to eight years in age experienced a 3.6% decline on a monthly basis in October, matching September for the biggest drop recorded in 2016. The month’s loss matched expectations for the period, landing inside NADA Used Car Guide’s forecasted range of 3.2% to 3.7%. Compared to previous years, this October’s loss was slightly more than the previous 3-year average decline of 3.3% for the period. As a result of the month’s performance, NADA Used Car Guide’s seasonally adjusted used vehicle price index fell by 0.5% to 117.2. Download the November Used Car & Light-Duty Truck Guidelines
Commercial Truck Guidelines: The retail and wholesale environments turned mildly negative in September and October, following a stable summer. Auction volume and pricing were down in October, while retail pricing dipped across the board. Download the November Commercial Truck Guidelines
View all guidelines >
November’s edition of Perspective details the 1-year-old (2016 model year) retention
performance of all-new or redesigned mainstream and luxury models. On average,
redesigned models experience higher retained values when compared to the previous
generation. A number of factors help elevate retention value for new or revised models,
such as improved quality and dependability, higher fuel economy and performance, as
well as improved vehicle design. Other important factors affecting retained value include
new vehicle pricing, incentive levels and production volume. 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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