Regarding wholesale auction prices, not much has changed compared to last week. Gas-powered Jetta and Passat prices for model years 2011-2013 have fallen by amounts similar to those of their respective segment. In the five most recent weeks post-issue, 2011-2013 gas-powered Jetta prices declined by a range of 4.2% – 9.2%. During this same period compact car segment prices were down by an average of 3.2% – 3.9%. Similar to the Jetta, 2012 – 2013 gas-powered Passat prices have declined by 1.9% – 6.8%, whereas average midsize car prices declined by 3.1% – 3.8%.
Continue Reading →