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: Essentially matching expectations for the month, wholesale prices of vehicles up to eight years in age fell by 2.4% in June compared to May. While June’s decline was the steepest recorded so far in 2016, it was on par with the month’s performances over the past several years. As a result, NADA Used Car Guide’s seasonally adjusted used vehicle price index moved little, falling by a slight 0.2% to 119.9. Download the June Used Car & Light-Duty Truck Guidelines.
Commercial Truck Guidelines: May was essentially a carbon copy of April in most segments of the market. Depreciation relaxed as buyers and sellers gained familiarity with the new normal of substantial supply and lower trade values. Download the June Commercial Truck Guidelines.
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For the past 20 years, manufacturer-sponsored CPO (certified pre-owned) programs have given consumers a third option for auto purchases in addition to new and used: superior used. The programs were originally designed to protect residual values at a time when unprecedented numbers of off-lease vehicles were scheduled to hit the used market. 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 >
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