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Wholesale Depreciation Increases in October

Published: November 15, 2012Digital Dealer Team

According to November’s edition of Guidelines, NADA Used Car Guide’s monthly market update, wholesale depreciation increased in October.

Click here to download a PDF of November’s edition of Guidelines

NADA Official Used Car Guide Update:
–Wholesale Depreciation Increases in October

  • Market average drops by 2.3%; NADA’s used price index to +1.1% for the year
–New Vehicle Sales SAAR Declines
  • September sales up 7%; SAAR falls from 14.9M to 14.2 M.
–Hurricane Sandy Assessment

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  • Used prices expected to outperform pre-Sandy expectations by 0.5-to-1.5%.

ATD/NADA Official Commercial Truck Guide Update:
–Late-model sleepers depreciating at a greater rate
–Sales volume fluctuating but in line with last year on average
–Market forecast flat to mildly downwards into 1st Quarter 2013

Posted In: News

Tagged With: Featured

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