News & Press
Find the latest NADA product announcements, updates and company news here.
Independence Day Weekend Brings Deals to Convertible Shoppers
As we celebrate our country's independence this 4th of July weekend, many car manufacturers plan to take advantage of the extra shopping time consumers will have over the three day holiday weekend. Financially qualified shoppers in the market for a convertible may find the summer's most celebrated holiday the best time to score great financing or lease rates.
J.D. Power Completes Acquisition of NADA Used Car Guide, Expanding its Analytics and Modeling Capabilities in the Used Vehicle Industry
J.D. Power today completed its acquisition of NADA’s Used Car Guide, an investment that brings together Power Information Network® (PIN) from J.D. Power, which combines advanced analytics of new- and used-vehicle retail sales and pricing data, with the extensive knowledge, expertise and market presence of the NADA Used Car Guide. The acquisition was announced May 28.
June NADA Perspective: New and Used Convertibles for Under $35,000
From a $60,000 Chevrolet Corvette Stingray to a $120,000 Porsche 911 Carrera Cabriolet 4S, wealthier sun-lovers looking to join the convertible fold have plenty of options to choose from. In fact, luxury models hold more than a 60% share of the convertible market. Unfortunately, this means value conscious consumers with similar drop-top ambitions have a smaller pool of models to select from. But while the list may be shorter, the selection of more affordable models available today is without a doubt the best it’s been in a number of years.
J.D. Power Announces Agreement to Acquire NADA Used Car Guide From the National Automobile Dealers Association
WESTLAKE VILLAGE, Calif.: May 28, 2015 — J.D. Power and the National Automobile Dealer Association (NADA) today announced an agreement under which J.D. Power will acquire NADA’s Used Car Guide business, a premier source of used-vehicle values. The transaction is expected to close early in the third quarter of 2015 and is subject to Hart–Scott–Rodino Act review.
2015 April NADA Perspective
April’s edition of Perspective is the first of what will likely become a series of yearly reports that detail one-,two-and three-year retention performance of electric vehicles (EVs). In this inaugural edition we’ll focus primarily on the most popular EVs offered for sale in each model year.
2015 March NADA Perspective
Automobiles represent some of the most expensive purchases Americans make and owning a car has traditionally been a rite of passage of sorts, marking an adolescent’s transition into adulthood through self-transport after years of catching rides from mom and dad. Unfortunately, motor vehicles are depreciating assets, which is why a new car’s value retention is of such great importance: the high resale value works in the owner’s favor. On the flip side, consumers can win big in the used market since many models can be attained at attractive prices after sufficient depreciation takes place. This is especially true when it comes to expensive, more premium offerings.
2015 February NADA Perspective
Last year marked another banner year for used vehicle prices. Compared to 2013, prices of vehicles up to eight years in age grew by 1.1%. The occurrence capped off a run in which prices grew by an incredible 18% since 2007.
Good News: Your Used Car is Keeping More of Its Value
Vehicles sitting in driveways and used car lots managed to keep more of their value this past month, due to strong demand within the used vehicle market and a decrease in cars sold at wholesale auction.
Why Your Neighbor’s Car Might Be Worth 30 Percent More Than Yours
In their most recent report, NADA Used Car Guide analysts have determined what key factors push down the value of some used vehicles steeply in 2015. The number of years since the last redesign, amount of competition within the vehicle's segment, and the quality of the design were all factors in determining used values.
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