News & Press

Find the latest NADA Used Car Guide (now J.D. Power Valuation Services) product announcements, updates and company news here.

 

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2017 

 

February
Australia-Based CarRecord Integrates NADA Values from J.D. Power Valuation Services for Vehicle History Report Product Debut in U.S. CarRecord, the Asia-Pacific region's foremost vehicle history report product, will soon be available for the U.S. market and provide customers with NADA Values from J.D. Power Valuation Services.

The team of analysts at J.D. Power Valuation Services, who provide NADA Values, use auction and retail sales transactions—and review asking prices and other relevant information—to accurately value vehicles.

Mike Stanton, vice president and general manager at J.D. Power Valuation Services said, "We are excited to work with Dealer Trade Group to integrate our accurate, dependable and trusted pricing in their CarRecord product. The integration helps make the selling and buying process more efficient for all involved." Read More...

 

January
J.D. Power Offers New Perspective with Residual Values COSTA MESA, Calif: 18 Jan. 2017 — Insightful analysis of its unmatched automotive retail and auction transactional data plus its customer survey data is the foundation of J.D. Power Residual Values, a benchmark product debuting today that will bring a new perspective to vehicle residual values.

Designed as an information resource for vehicle manufacturers, captive finance companies and lenders, Residual Values incorporates industry-leading sales transaction data gathered by the Power Information Network® (PIN) from J.D. Power (representing more than 40% of franchised dealer retail sales transactions in America); the J.D. Power/National Auto Auction Association AuctionNet service (accounting for more than 80% of automotive auction transactions); and proprietary J.D. Power Voice of the Customer data. Read More...

 

2016

 

December
Used Commercial Trucks: Lackluster Market Conditions Continue
MCLEAN, Va., Dec. 15, 2016 /PRNewswire/ -- The latest monthly Guidelines report from NADA Used Car Guide finds that wholesale prices of vehicles up to eight years in age fell by 3.3 percent on a monthly basis in November. In addition to taking a bigger drop than expected for the month, the decline is also more than double the 1.4 percent average recorded during November the past three years. The month-end result was the market's third worst performance in 2016. As a result, NADA Used Car Guide's seasonally adjusted used vehicle price index fell by 0.3 percent to 116.3.

Used Vehicle Wholesale Auction Prices Take Bigger Drop Than Expected
MCLEAN, Va., Nov. 16, 2016 /PRNewswire/ -- Wholesale prices of vehicles up to eight years in age fell by 3.6 percent in October. The performance matches September as the largest decline recorded this year. As a result, NADA Used Car Guide's seasonally adjusted used vehicle price index fell by 0.5 percent to 117.2.

November
After a Stable Summer, Used Commercial Truck Market Weakens
MCLEAN, Va., Nov. 16, 2016 /PRNewswire/ -- According to analysts at NADA Used Car Guide, the used commercial truck market is showing signs of weakness as real world prices are recorded the first month of the fourth quarter. Analysis in the November NADA Used Car Guide Guidelines report notes a slowdown in auction and retail activity coupled with lower prices.

Used Vehicle Market Prices Soften as Year Comes to End
MCLEAN, Va., Nov. 16, 2016 /PRNewswire/ -- Wholesale prices of vehicles up to eight years in age fell by 3.6 percent in October. The performance matches September as the largest decline recorded this year. As a result, NADA Used Car Guide's seasonally adjusted used vehicle price index fell by 0.5 percent to 117.2.

October
Toyota, Land Rover Top 3-Year-Old Value Retention Report
MCLEAN, Va., Oct. 4, 2016 /PRNewswire/ -- In their most recent Perspective report, NADA Used Car Guide analysts detailed the value performance of used 2013 model year passenger cars and light-duty trucks. "There were several 3-year-old models that jumped up the rankings in their respective segments," said Jonathan Banks, vice president of analysis and vehicle analytics at NADA Used Car Guide.

Used Commercial Truck Volume Increases, Breaks from Summer Lull
MCLEAN, Va., Oct. 17, 2016 /PRNewswire/ -- According to findings in NADA Used Car Guide's recent Commercial Truck Guidelines report, a summer lull in used auction volume ended this past September. Analysis points out a jump to activity levels not seen since this past spring.

September
XIO Group Completes Acquisition of J.D. Power and Associates
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.

E-Credit Express Lender Management Platform Enhanced with NADA Used Car Guide's Trusted Vehicle Values
New integration accelerates used vehicle sale and loan approval process. The integration of NADA Used Car Guide's values into the ECE platform streamlines the dealer sales process and makes all vehicle value information available to lenders with the platform's credit application feature.

August
Used Vehicle Depreciation Rate Continues to Climb
Wholesale prices of vehicles up to eight years in age fell by 2.3 percent in July compared to June. According to the August edition of NADA Used Car Guide's Guidelines report, July's decline ties June for the biggest loss recorded this year.

Used Commercial Truck Market Stability Soldiers On
An August report from NADA Used Car Guide notes the used commercial truck market has generally been stable the past three months. So far in 2016, auction prices have decreased less than 3 percent per month compared to nearly 5 percent per month in the second half of 2015.

July
What is CPO?
Results from a new survey on certified pre-owned (CPO) vehicle programs finds consumers are not fully aware of how they differ from new or used vehicle purchase options. The study, commissioned by NADA Used Car Guide, found most age groups have similar awareness levels.

May
Buying American this Memorial Day Weekend?
As the three day Memorial Day holiday weekend approaches, domestic automakers look to capitalize on extra consumer shopping time with attractive incentive and finance offers. According to analysts at NADA Used Car Guide, the most advantageous deals can be had if consumers are trading in an SUV or truck (the two segments have held value better than cars the last several quarters). When positive equity from a truck or SUV is combined with low interest rate financing and lofty manufacturer-based incentives, the long weekend may be one of the thriftiest times of the year to buy a new vehicle.

April
NADA Used Car Guide Announces MonroneyLabels.com Integration
A recently signed deal between NADA Used Car Guide, the leading provider of used vehicle valuations, and MonroneyLabels.com™, the fastest way to accurately reproduce vehicle window stickers, will make the selling and marketing process of used automobiles quicker and more efficient for dealers. Already an industry standard for assessing the value of used vehicles, the NADA Values Online product continues to raise the valuation bar via the integration.

NADA Used Car Guide Provides Used Vehicle Market Forecast at 2016 NADA Convention and Expo
In a news conference at the Las Vegas Convention Center in conjunction with the 2016 NADA Convention and Exposition, Jonathan Banks, NADA Used Car Guide's executive analyst, presented a used vehicle market forecast for the year which included numerous insights by the industry's leading provider of vehicle valuations.

January
NADA Used Car Guide Launches NADA Values Online, Adds New Vehicle Values to Product Offering
In an effort to continue delivery of industry-leading vehicle valuation insights to its business-to-business customers and improve their user experience, NADA Used Car Guide launched a new NADA Values Online product (formerly known as NADA Online) this morning. Of the numerous features and functionality delivered in the online product, lenders and automotive dealers will find the improved offering provides a time-saving and enjoyable experience.

 


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