News & Press

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

 

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2018

September
MCLEAN, Va., Sept. 24, 2018 /PRNewswire/ -- In the September 2018 Commercial Truck Guidelines Industry Update, analysts from J.D. Power Valuation Services found the August market looked very similar to July as used truck supply remains tight with strong pricing and medium duty trucks were mixed with conventionals stable but cabovers losing ground.

MCLEAN, Va., Sept. 24, 2018 /PRNewswire/ -- In the September 2018 Used Car and Light Truck Guidelines Industry Update, analysts at J.D. Power Valuation Services note the used vehicle market continued with the trend from June making the Seasonally Adjusted Used Vehicle Price Index increased by 2.2 points – relative to July – to 121.9.  Additionally, the index ended the month 6.3 points above August 2017's level.

August
MCLEAN, Va., Aug. 22, 2018 /PRNewswire/ -- In the August 2018 Used Car and Light Truck Guidelines Industry Update, analysts at J.D. Power Valuation Services note the used vehicle market continued with the trend from June making the Seasonally Adjusted Used Vehicle Price increase by 1.1 point to reach 119.3. July's robust performance grew the index 4.7 points above the same period in 2017 and 4.8 points or 2.6% above January 2018's level.

McLEAN, Va., Aug. 22, 2018 /PRNewswire/ -- In the August 2018 Commercial Truck Guidelines Industry Update, analysts from J.D. Power Valuation Services found the volume of the three most popular sleeper tractors sold through the two largest nationwide auction companies dropped to its lowest level since January.

July
MCLEAN, Va., July 24, 2018 /PRNewswire/ -- In the July 2018 Used Car and Light Truck Guidelines Industry Update, analysts at J.D. Power Valuation Services note the used vehicle market turned a positive corner with an increase in the Seasonally Adjusted Used Vehicle Price by 1.2 points—compared with May—to reach 118.2. June's above-average performance brought the index 4.1 points above June 2017.

MCLEAN, Va., July 24, 2018 /PRNewswire/ -- In the July 2018 Commercial Truck Guidelines Industry Update, analysts from J.D. Power Valuation Services predict that in coming months, fleets will take delivery of additional new trucks, and trade activity will increase, forcing market dynamics to look more normal.

June
Strong Demand Keeps Used Truck Pricing Stable, J.D. Power Finds McLEAN, Va., June 21, 2018 /PRNewswire/ -- In the June 2018 Commercial Truck Guidelines Industry Update, analysts from J.D. Power Valuation Services found the predicted supply increase of Class 8 trucks is lower than forecasted, which resulted in more stable prices.

Used Vehicle Price Index Remains Stable this Spring, J.D. Power Finds McLEAN, Va., June 21, 2018 /PRNewswire/ -- In the June 2018 Used Car and Light Truck Guidelines Industry Update, analysts at J.D. Power Valuation Services note the used vehicle market turned a typical performance in May. As a result, the J.D. Power Valuation Services' Seasonally Adjusted Used Vehicle Price Index remained flat, compared to April at 117.0. May's index increased 3.1 points year over year, and 2.5 points above where it sat in January.

May
Spring Rebound Helps Stronger Used Vehicle Pricing, J.D. Power Finds MCLEAN, Va., May 21, 2018 /PRNewswire/ -- In their May 2018 Used Car and Light Truck Guidelines Industry Update, analysts at J.D. Power Valuation Services note the used vehicle market performed well in April with prices stronger than expected. Compared to March, wholesale prices of used vehicles up to eight years in age increased by 0.2% for the month.

Class 8 Used Commercial Truck Prices Stronger Than Expected, Finds J.D. Power MCLEAN, Va., May 21, 2018 /PRNewswire/ -- In their most recent May 2018 Commercial Truck Guidelines Industry Update, analysts from J.D. Power Valuation Services found the volume of Class 8 trades was lower than forecasted, which resulted in more stable prices.

April
March Used Vehicle Wholesale Performed Exceptionally Well, J.D. Power Finds MCLEAN, Va., April 26, 2018 /PRNewswire/ -- In their April 2018 Used Car and Light Truck Guidelines Industry Update, analysts at J.D. Power Valuation Services found that wholesale prices of used vehicles up to eight years in age increased by an average of 2.5%. The month's performance can partially be attributed to strong price growth of vehicles within the compact and subcompact segments.

Monthly Class 8 Truck Auction Results Better than Expected, Finds J.D. Power MCLEAN, Va., April 11, 2018 /PRNewswire/ -- According to commercial truck analysts at J.D. Power Valuation Services in their April 2018 Commercial Truck Guidelines Industry Update, the Class 8 market looked better than expected in March. Pricing for the month was more stable than predicted, with somewhat fewer trucks sold.

March
Used Vehicle Wholesale Prices Drop 0.2 Percent, J.D. Power Finds MCLEAN, Va., March 19, 2018 /PRNewswire/ -- In their March 2018 Used Car and Light Truck Guidelines Industry Update, analysts at J.D. Power Valuation Services note wholesale depreciation declined by an average of 0.2 percent in February. The month's performance was better than February 2017's 0.9% decline.

Used Commercial Truck Market Stays the Course, Finds J.D. Power MCLEAN, Va., March 12, 2018 /PRNewswire/ -- In their most recent monthly used commercial truck report, analysts from J.D. Power Valuation Services found the used commercial truck market operated as expected during the month of February.

February
Commercial Truck Market Sees Positive Start in 2018 MCLEAN, Va., Feb. 22, 2018 /PRNewswire/ -- According to Commercial truck analysts at J.D. Power Valuation Services in their February 2018 Commercial Truck Guidelines Industry Update, the Class 8 market looked positive in early 2018. December's retail pricing was back up, and January's auction results were like December's despite limited activity. Medium-duty trucks had a notably up month.

Used Vehicle Wholesale Prices Drop 0.6 Percent MCLEAN, Va., Feb. 21, 2018 /PRNewswire/ -- In their February 2018 Used Car and Light Truck Guidelines Industry Update, analysts at J.D. Power Valuation Services note wholesale depreciation declined by an average of 0.6% in January. The slight dip was driven by the premium vehicle segment, which is typical for the time of year.


2017

December
LAUNCHER.SOLUTIONS Integrates with J.D. Power to Provide NADA Values to Subprime Auto Lenders JACKSONVILLE, Fla., Dec. 19, 2017 /PRNewswire/ -- LAUNCHER.SOLUTIONS (Launcher), a technology provider specializing in subprime automotive loan originations, announced the integration of NADA Values from J.D. Power Valuation Services to provide lenders with vehicle values.

Launcher's appTRAKER Loan Origination System was designed by experts in the automotive lending industry and is specifically geared towards sub/near-prime lenders. The seamless integration between appTRAKER LOS and J.D. Power's NADA Values allows lenders to assess risk on collateral during the underwriting process by providing important vehicle valuation data within appTRAKER. Read More…

November
November Used Commercial Truck Auction Volume Takes Big Drop MCLEAN, Va., Nov. 16, 2017 /PRNewswire/ -- Commercial truck analysts at J.D. Power Valuation Services note in their November 2017 Commercial Truck Guidelines Industry Update that October's commercial truck wholesale auction market experienced a significant drop in volume, but that prices were nearly identical to September on average.

Used Vehicle Prices Dropped in October as New Vehicle Deliveries Declined MCLEAN, Va., Nov. 16, 2017 /PRNewswire/ -- In their November 2017 Used Car and Light Truck Guidelines Industry Update, analysts at J.D. Power Valuation Services note wholesale depreciation declined by an average of 2.2% in October. The dip performed better than the 3.2% average price decrease recorded over the past five years for the period.

October
Chevrolet and Lexus Win 2017 Washington Automotive Press Association Rally Awards KENT ISLAND, Md., Oct. 20, 2017 /PRNewswire/ -- It was a banner day for the 2017 Chevrolet Bolt and 2018 Lexus LS 500 at the annual 2017 Washington Automotive Press Association (WAPA) Rally on Oct. 12. The Chevrolet Bolt EV took home the WAPA Rally Green Vehicle award, while the Lexus LS 500 received the WAPA Luxury Vehicle award.

The annual 2017 WAPA Rally, held on the grounds of the luxuriously appointed Chesapeake Bay Beach Club, hosted over 150 WAPA members, journalists, and manufacturer representatives. Over 70 media members of WAPA served as judges to award the highly coveted WAPA Green Vehicle and Luxury Vehicle awards. Representatives from over 30 manufacturer brands were on hand to answer questions about the vehicles and to assist in the evaluation process. After a full day of both highway and suburban on-road testing, the WAPA board of directors presented awards during a reception overlooking the Chesapeake Bay. Read More…

Spetember
August Used Commercial Truck Market Stable MCLEAN, Va., Sept. 20, 2017 /PRNewswire/ -- Commercial truck analysts at J.D. Power Valuation Services note in their September 2017 Commercial Truck Guidelines Industry Update that August's commercial truck wholesale auction market experienced increased volume, but that prices were largely unchanged.

J.D. Power Analysis: Did Wholesale Depreciation Fall Far in August? MCLEAN, Va., Sept. 20, 2017 /PRNewswire/ -- In their September 2017 Used Car and Light Truck Guidelines Industry Update, analysts at J.D. Power Valuation Services note that wholesale depreciation declined by an average of 1.2% in August, beating a five-year historical trend which usually averages 2.2% for the month.

August
Used Commercial Truck Market Solid in July MCLEAN, Va., Aug. 15, 2017 /PRNewswire/ -- Commercial truck analysts at J.D. Power Valuation Services note in their August 2017 Commercial Truck Guidelines Industry Update that July's commercial truck wholesale auction market continued to meet analyst expectations and exhibited steady demand.

J.D. Power Analysis: As Summer's Used Vehicle Values Decline, Manufacturers Increase Incentive Spending for 28th Straight Month  MCLEAN, Va., Aug. 15, 2017 /PRNewswire/ -- Analysts at J.D. Power Valuation Services note in their August 2017 Used Car and Light Truck Guidelines Industry Update that July's wholesale depreciation declined by an average of 2%, matching historical trends.

J.D. Power's Used Vehicle Price Index Service Forecasts Prices Up to Two Years into the Future MCLEAN, Va., Aug. 14, 2017 /PRNewswire/ -- J.D. Power, a global leader in consumer insights and advisory services, has launched the Used Vehicle Price Index Service—a monthly index which tracks current and estimated future movement of wholesale used vehicle prices at both the industry and segment level.

"Lenders, manufacturers, insurers, equity analysts and many others with an interest in the automotive industry depend on insights from J.D. Power to make better decisions affecting their bottom line," said Mike Stanton, Vice President of Valuation Services at J.D. Power. "By offering this highly sought-after service, customers will have a new analytical tool to improve profitability." Read More…

July
Did the Used Commercial Truck Market Just Hit 'Reset'?  MCLEAN, Va., July 17, 2017 /PRNewswire/ -- Commercial truck analysts at J.D. Power Valuation Services note in their July 2017 Commercial Truck Guidelines Industry Update that June's commercial truck wholesale auction market returned to analyst expectations.

J.D. Power Analysis: As June's Used Car Values Mildly Depreciated, New Car Sales Dropped  MCLEAN, Va., July 17, 2017 /PRNewswire/ -- Analysts at J.D. Power Valuation Services note in their July 2017 Used Car and Light Truck Guidelines Industry Update that wholesale depreciation was historically normal in June and declined by an average of 2.2%.

June
What's Going on With the Used Commercial Truck Market?  MCLEAN, Va., June 15, 2017 /PRNewswire/ -- Commercial truck analysts at J.D. Power Valuation Services note in their June 2017 Commercial Truck Guidelines Industry Update that May's Class 8 wholesale auction results were unexpectedly weak, with volume and pricing notably lower than April.

Wholesale Used Vehicle Prices Decline in May  MCLEAN, Va., June 15, 2017 /PRNewswire/ -- Used vehicle analysts at J.D. Power Valuation Services note in their June 2017 Used Car and Light Truck Guidelines Industry Update that May wholesale prices declined by an average of 1.9%.

May
Wholesale Used Vehicle Prices Slipped in April  MCLEAN, Va., May 23, 2017 /PRNewswire/ -- Used Vehicle analysts at J.D. Power Valuation Services note in their May 2017 Used Car and Light Truck Guidelines Industry Update that wholesale prices declined last month by an average of 1.5%.

Has the Used Commercial Truck Market Hit Bottom? MCLEAN, Va., May 23, 2017 /PRNewswire/ -- Commercial truck analysts at J.D. Power Valuation Services note in their May 2017 Commercial Truck Guidelines Industry Update that pricing of used commercial vehicles began to level out despite higher volume during April 2017. 

ClearVin Integrates NADA Values in Their Vehicle History Reports MCLEAN, Va., May 1, 2017 /PRNewswire/ -- ClearVin, a leader in vehicle history reports, and J.D. Power Valuation Services (formerly known as NADA Used Car Guide), the leading provider of used vehicle valuations, have recently agreed on a deal that will make the selling and buying of used vehicles much easier for automotive dealers and wholesalers.

The integration of NADA Values to ClearVin vehicle history reports helps present a complete view of the vehicle beyond the technical specifications. NADA Values included in the history report cover retail, trade-in, auction and loan values. This information will help anyone who is looking to buy a vehicle, bid on a vehicle at auction, sell, or apply for a loan. Read More…

April
Wayne Reaves Integrates NADA Values in Their Dealer Management Software  MCLEAN, Va., April 10, 2017 /PRNewswire/ -- Wayne Reaves, the leading provider of automotive Dealer Management Software to independent car dealers since 1987, will soon enhance their flagship product with NADA Values, the automotive industry's most trusted values, from J.D. Power Valuation Services.

According to Jason Reaves, President of Wayne Reaves, "Our integration of used vehicle values from J.D. Power Valuation Services makes the process of pricing a vehicle much easier. This ultimately saves the independent dealers—who mainly use our software—time and money." Read More…

March
Here's Why the Used Car Market Tanked Last Month MCLEAN, Va., March 21, 2017 /PRNewswire/ -- February 2017 will go down in U.S. used vehicle market history as an underperforming month analyst didn't see coming. So, why were prices surprisingly down last month, when normally during the second month each year they start to bounce back?

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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