NADA Perspective

Leveraging data from various industry sources and NADA Used Car Guide’s analysts, Perspective takes a deep dive into a range of industry trends to determine why they are happening and what to expect in the future.

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November 2016

November 2016 NADA Perspective - 2016 Used Vehicle Retained Value Report: New or Redesigned 1-Year-Old Models

November’s edition of Perspective details the 1-year-old (2016 model year) retention performance of all-new or redesigned mainstream and luxury models. On average, redesigned models experience higher retained values when compared to the previous generation. A number of factors help elevate retention value for new or revised models, such as improved quality and dependability, higher fuel economy and performance, as well as improved vehicle design. Other important factors affecting retained value include new vehicle pricing, incentive levels and production volume. Read More...

 


October 2016

October 2016 NADA Perspective - 2016 Used Vehicle Retained Value Report: 3-Year-Old Models

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...

 


August 2016

August 2016 NADA Perspective - Certified Pre-Owned Vehicles: 2016 Market Update

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...

 


April 2016

April 2016 NADA Perspective - Alternative Powertrains: Analysis of Recent Market Trends & Value Retention

The Toyota Prius has long been the darling of alternative powertrains, but despite its run as a posterchild for environment-friendly cars approaching the two decade mark, the history of alternative vehicles goes back even farther. Considering the length of time such cars have been available in the marketplace and the high amount of media coverage they’ve received, it may seem logical to assume alternative powertrains have gained significant traction among today’s consumers.  Read More...

 


January 2016

January 2016 NADA Perspective - 2016 Used Vehicle Retained Value Report: New and Redesigned 1-Year-Old Models

January’s edition of Perspective details the one-year-old (2015 model year) retention performance of all-new or heavily revised mainstream and luxury models. On average, these models typically experience higher retained values when compared to each previous generation. A number of factors help elevate retention for new or revised models, such as improved quality and dependability, higher fuel economy and performance, as well as improved vehicle design. Other important factors affecting value retention include new vehicle pricing, incentive levels and vehicle production volume, which we will not cover in this report.  Read More...

 


October 2015

October 2015 NADA Perspective - 2015 Used Vehicle Retained Value Report: 3-Year-Old Models

On average, depreciation—or the loss in value associated with advancing age and mileage—is by far the number one expense associated with owning a vehicle. Depreciation, and ultimately retained value, is determined by a variety of causes. Factors such as reputation for quality and dependability, fuel economy and performance, and vehicle design play critical roles in determining how well value is retained, as do new vehicle pricing, incentive levels and production volumes. Read More...

 


July 2015

July 2015 NADA Perspective -  An in-depth look at consumer attitudes on driverless cars

In collaboration with NADA Guides, NADA Used Car Guide conducted a driverless vehicle survey to gain a better understanding of what consumers know about automated driving,its current progress and future direction, and their feelings toward allowing the vehicle to “take the reins” in the driving process. Over 2,100 individuals participated in the study. Responses suggested an interest in the idea of autonomous mobility, while maintaining apprehension to the means of travel as a realistic alternative to today’s status quo. July’s Perspective highlights the survey results, provides insight into the state of automated driving, and identifies what challenges exist in the push toward this advancement in mobility. Read More...

 


June 2015

June 2014 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. Read More...

 


April 2015

April 2015 NADA Perspective - Electric Vehicle Retention Report Card

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. Read More...

 


March 2015

March 2015 NADA Perspective - Moving Upscale: Used Luxury Car Options for the Non-Luxury Car Budget

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. Read More...

 


February 2015

February 2015 NADA Perspective - 2015 Used Vehicle Supply Outlook

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. Read More...

 


December 2014

December 2014 NADA Perspective - One-Year-Old Mainstream Models

December’s edition of Perspective is the second in a two-part series that details the one-year retention performance of all-new or heavily revised mainstream models, which follows last month’s review of luxury model retention. Read More...

 


November 2014

November 2014 NADA Perspective - One-Year-Old Luxury Models

November’s edition of Perspective is the first in a two-part series that details the one-year retention performance of all-new or heavily revised luxury models. Mainstream models will be covered in December’s edition of Perspective. Read More...

 


October2014

October 2014 NADA Perspective - Digital Trends in Auto Retailing

NADA’s latest edition of Perspective brings together internal analysis and insight from industry-leading information providers such as J.D. Power, Polk, AutoTrader.com and Google to explore how the Internet has shaped consumer and dealer engagement, and the critical roles that technology and price transparency are playing in used vehicle operations today. Read More...

 


June 2014

June 2014 NADA Perspective - Hybrid Car Market Review

After starting off slowly due to unusually severe winter weather, new vehicle sales have surged over the past few months. The new vehicle seasonally-adjusted annual rate (SAAR) from March through May averaged over 16 million units, which is the first time since the onset of the last recession that a similar streak has occurred. Better yet, May’s SAAR of 16.7 million was the highest figure recorded in more than seven years. Overall, new vehicle sales were up by 5% over the first five months of the year. Read More...

 


May 2014

May 2014 NADA Perspective - Certified Pre-Owned Vehicles: Accelerating Forward

It might come as a surprise to many consumers that manufacturer-sponsored certified pre-owned (CPO) used vehicle programs have been around for the better part of 20 years now. Conceived as a means to protect residual values and address the large number of off-lease vehicles hitting the used market, manufacturers promoted CPO vehicles as a cost-effective alternative to purchasing new. Read More...

 


April 2014

April 2014 NADA Perspective - Shifting Luxury Vehicle Preferences

Since the Great Recession ended in 2009, the auto industry gradually recovered as consumer appetite for big purchases returned after spending fell due to poor economic conditions. With the U.S. economic recovery in its fifth year, it is interesting to see how much the luxury automobile market has changed over time, especially with the increased importance of perceived value. Buyers are becoming more mindful of how they spend their money, opting for practical purchases of expensive items rather than frivolous and excessive buys. Read More...

 


March 2014

March 2014 Perspective - NADA Retention Review: LIGHT DUTY TRUCK AND SUV

March’s edition of NADA Perspective is the second installment of a two-part series detailing the retention performance of three-year-old used models. This report covers light duty truck and SUV segments, as well as a special look at hybrid-specific value performance; February’s Perspective focused on models within passenger car segments. Read More...

 


February 2014

February 2014 Perspective - NADA Retention Review: PASSENGER CARS

Next to buying a home, purchasing a new car is one of the most important financial decisions a consumer will have to make. According to ownership data collected by R.L. Polk & Company, the typical American will purchase an average of 13 new cars during their lifetime. Considering that new car transaction prices average above $30,000, this means that a given consumer will spend hundreds of thousands of dollars acquiring new vehicles over their lifetime. Read More...

 


January 2014

January 2014 Perspective - NADA Segment Review: LARGE PICKUPS

Of the nearly 200 different countries around the world, America is among the largest capitalist markets and a culture all its own with very distinct tastes. Perhaps one of the country’s most distinguishing traits is its uniquely rich history of automobiles. Read More...

 


 

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