News & Press
Find the latest 2013 NADA product announcements, updates and company news here.
NADA Used Car Guide Rolls Out Enhanced MarketValues App for Auctions
NADA MarketValues, a mobile-optimized app to help dealers make buying and selling decisions at auctions, has been enhanced with several new features.
NADA Used Car Guide Names Top Retention Values for Cars
Three-year-old cars in the subcompact segment have the highest retaining value at 54.4% of the Manufacturer Suggested Retail Price (MSRP) for a typically equipped model, says the National Automobile Dealers Association (NADA) Used Car Guide in the February edition of NADA Perspective, a monthly industry trends report. The electric vehicle (EV) segment ranked the lowest at 39.9%.
The February edition of NADA’s newest industry trends report, NADA Perspective, details Retention Review for Passenger Cars
February’s edition of NADA Perspective is the first in a two-part series that details the retention performance of three-year-old models within passenger car segments. The report will assist readers in making more informed purchase decisions by highlighting top retaining performers in each group, as well as some for the characteristics embodied in each.
NADA: Used Vehicle Price Index Remains Unchanged in January
After a slight 0.1% uptick in January, NADA's used vehicle price index remained unchanged at 124.6, tied with August 2013 and December 2013 as the third highest figure ever recorded. The index measures the change in used vehicle prices up to eight-years-old.
NADA Used Car Guide's newest report: NADA Perspective!
Leveraging data from various industry sources and NADA’s analysts, NADA Used Car Guide's newest report, NADA Perspective, takes a deeper look into a range of industry trends to determine why they are happening and what to expect in the future. The inaugural edition of NADA Perspective takes a deep dive into what variables impacted the performance of large pickups in the segment’s recovery and what effect those factors are expected to have going forward. Download January's edition of NADA Perspective today!
NADA: Used Vehicle Prices Climb for Fifth Straight Year
Prices for used cars and light trucks have increased for five straight years, says the NADA Used Car Guide. December closed out 2013 with prices 0.4% higher than in 2012.
NADA's Used Vehicle Price Index Reaches All-Time High in November
After diving by 3.5% in October, the rate of used vehicle depreciation slowed substantially to 1.5% in November, pushing the NADA seasonally adjusted used vehicle price index to its highest point of 125.6.
NADA Report: Impact of New Vehicle Cash Incentives on Used Car Prices
A new vehicle cash incentive of $1,000 reduces the price of a one-year-old used vehicle by nearly $600, according to the NADA Used Car Guide in its latest report.
Special Report - NADA Used Vehicle Price Report: Incentive Analysis and Impact
NADA's latest white paper explores the factors that drove incentive spending to historic highs in the early 2000s, how current conditions and spending levels compare to the past, how various types of incentives (i.e., cash, finance and lease) directly or indirectly affect used vehicle prices and how dollar esimates impact used vehicles prices by incentive types.
Used Vehicle Prices Fall by Largest Amount in Two Years
Federal government shutdown exacerbates normal seasonal softness, and impacts both new vehicle sales and used vehicle prices.
Used Vehicle Prices Fall 2.6% in September
The average price of used cars and light trucks up to eight model years in age fell 2.6% in September, marking the highest rate of decline recorded since the 2.9% tumble in October 2012, according to the National Automobile Dealers Association (NADA) Used Car Guide. September ended a three-month period with depreciation averaging an unusually low rate of 1.2%.
Used-Vehicle Prices Remain Steady through August
"Consumer demand for used cars and light trucks has kept growing this year, which has continued to fuel strong prices for used vehicles," says Jonathan Banks, executive automotive analyst for the NADA Used Car Guide, in the September edition of Guidelines, a monthly report on new- and used-vehicle sales trends and used-vehicle price movement.
NADA: Higher Quality and Tight Supply Keep Older Used Vehicle Prices High
Used car and light-truck prices for 4-to-10 year old units are expected to be 0.5% higher in 2013 than like-age units were in 2012, according to the NADA Used Car Guide in its latest report, NADA Used Vehicle Price Report: Age-level Analysis and Forecast. By comparison, NADA predicts that prices for vehicles up to three years in age will be 1.5% lower than similarly aged unit prices last year.
NADAguides.com Survey Ranks Consumer Preferences for New Vehicles
Both car and light-truck shoppers ranked Quality/Dependability as the No. 1 factor considered when making a new-vehicle purchasing decision, according to the latest survey from NADAguides.com.
NADA Used Vehicle Price Report: Age-level Analysis and Forecast
There’s no question that pricing for used vehicles of all ages has grown tremendously since 2007, driven by fallen supply, rising demand and higher new vehicle transaction prices. The first half of 2013 was no different. But as June 2013 came to a close, a new trend began to emerge: Prices for newer used vehicles (those up to three years of age) have started to decline, while older vehicle prices remained high. NADA’s latest white paper offers unique insight into the elements that are driving used price performance at a vehicle age level, and discusses how these forces will affect prices over the next 18 months.
NADA MarketValues App Now Available in Google Play
NADA MarketValues, a mobile app designed for dealers to make informed pricing decisions on used cars and light trucks at auction, is now available for Android devices on Google Play.
NADA Rising Incentives and High Trade-in Values to Boost New Vehicle Sales
Generous automaker incentives and high trade-in values will keep the new-vehicle sales momentum going during the third quarter, says Jonathan Banks, executive automotive analyst for the NADA Used Car Guide, in the August edition of Guidelines, a monthly report on new- and used-vehicle sales trends and used-vehicle price movement.
NADA: Used Prices for Full-Size Pickups Up 7.7% through June; Little Change Expected for July
Used cars and light trucks continued to be in high demand through the first six months of the year resulting in prices that outperformed typical seasonal declines, especially full-size pickup trucks and sport utility vehicles, says the NADA Used Car Guide in its July edition of Guidelines.
Special Report - Plug-in Electric Vehicles: Market Analysis and Used Price Forecast
In the face of today’s global climate change and the nation’s growing dependence on oil imports, electric vehicles (EVs) are emerging as the automobile industry’s forward-thinking solution.NADA’s latest white paper takes a look at plug-in electric vehicle (PEV) progress in both new vehicle sales and used value retention, and illuminates the near-term pricing expectations.
Used Vehicle Prices Drop but Still Above Average
Prices for used cars and light trucks up to 8-years-old declined 2.1% in May—the largest drop since last October, says the NADA Used Car Guide in the June edition of Guidelines.
Fast-Rising Vehicle Pricing Puts U.S. Indsutry Comeback at Risk
New vehicles are more expensive and experts don’t see a reversal in the trend, causing U.S. car buyers to jockey between segments, pursue longer loan terms and lease rather than buy. “New-vehicle prices are growing,” confirms Larry Dixon, senior manager-marketing intelligence, at the National Automobile Dealers Association.
Hitting the Gas
According to NADA, the National Automobile Dealers Association, overall vehicle sales are up 6.9 percent in the 12 months ending April 2013. In the luxury category, sales have increased a robust 11.1 percent for that same period.
NADA: Prices for Full-Size Pickup Trucks Up 7%
"The recovery of home values and increased residential construction, stabilizing gasoline prices and a decline in late-model supply have resulted in higher trade-in values for full-size pickups," said Jonathan Banks , executive automotive analyst with the NADA Used Car Guide.
NADAguides.com Survey Ranks Shopping Preferences of New-Car and -Truck Buyers
New-car and -truck buyers ranked Fuel Economy, Ownership Costs, Brand Perception, Safety and Vehicle Design as the five most important attributes considered when shopping for a vehicle, according to a recent survey by NADAguides.com.
NADA Automotive White Paper: 2012 Market Analysis and 2013 Used Price Forecast
2012 was a year of ups and downs: erratic gasoline prices, drought, super storms and a fiscal cliff. The automotive market was an undeniable bright spot in an overcast climate, with increased prices in both new and used vehicles. But as we recover from the depths of the recession and navigate our way through another new year, the used vehicle market in particular will be presented with a new set of challenges, leading many to wonder what’s really in store. Download NADA's latest White Paper today!
NADA Selects Peter Welch as New President
Welch has been president and chief executive officer of the California New Car Dealers Association (CNCDA) in Sacramento since 2003, and has managed its government affairs office, including legal, legislative and regulatory affairs, since 1990. It’s the country’s largest state organization for new-car dealers.
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