Guidelines
NADA Guidelines is a must-have resource for analysis of and information on the current state of the automotive market, as well as that of the overall economy. This market report compiles a robust data set from various industry sources as well as from our own propriety analytical tool, to deliver the insight you need to make decisions in today’s market.
READ NADA USED CAR GUIDE GUIDELINES
After increasing by 1.2% in March, used vehicle prices for units up to eight model years in age fell by 1.7% on an over-the-month basis in April. This is the steepest decline recorded since November 2012’s loss of 1.5% and a figure that exceeded April 2012’s fall of 0.5% by more than a full percentage point. Download >
Wholesale vehicle prices improved for the second month in a row in March, but as expected, price growth was mild compared to what is typically seen for the period. Following an over-the-month increase of 0.8% in February, prices for used units up to eight years in age grew by an additional 1.2% in March, substantially less than the nearly 3% increase recorded for the month last year. Download >
As is typical for the period, wholesale prices for units up to 8 years in age rose in February, but the modest 0.8% improvement was well below the 3.0% increase observed for the month in the previous two years. In addition, February’s tepid performance dropped NADA’s seasonally-adjusted used vehicle prices index to 122.7, which is a figure 1.4% lower than January’s level and just 0.9% higher than February 2012’s read-ing of 121.6. Download >
As expected, the earlier than normal uptick in demand witnessed in late November and December – which typically occurs after the start of a new year but was pulled ahead by the fallout from Hurricane Sandy – helped to keep wholesale price movement to a minimum last month. Download >
Despite pressing fiscal cliff concerns, wholesale price movement in December closed 2012 out on a strong note as the average price of vehicles up to eight years in age ticked up by a slight 0.1% to remain essentially unchanged from November’s level.While prices for all segments fell by a scant 0.7% or less compared to the prior month, prices for mid-size cars, utilities, and vans increased by a collective aver-age of 0.5%. Download>
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