USED-CAR MARKET ANALYSIS
Used-Car Auction Values Reach Three-Year Low
In May 2013, used-car auction values reached a three-year low…
Used-Car Segments Mostly Down Year-to-Date
Mid-size pickup trucks are doing well due to an increase in housing starts, and subsequently the construction business is back on the rise. The sports car segment also remains ahead of the curve as seasonal trends take effect, making coupes and convertibles more attractive to summer buyers…
Retained Value: Hybrids Continue Steady Decline
As 2013 has not experienced the Q1 and Q2 ramp-up in the hybrid market seen in previous years, Kelley Blue Book expects the current gradual decline to continue throughout the rest of the year, leaving year-end values not far from where they finished in 2011 and 2012…
Retained Value: Electric Vehicles Underperform Market
On average, used electric vehicles are retaining nearly 55 percent of their original Manufacturer’s Suggested Retail Price (MSRP), while their hybrid counterparts perform significantly better by holding on to a retained value average of 74.3 percent…
Luxury Values Soften in May
Auction values of 1- to 3-year-old luxury vehicles fell nearly 1 percent in May, performing better than the overall market average, which fell 1.8 percent…
Chrysler Group Auction Values Strong in 2013
Chrysler Group is one of only two manufacturers (the other being Volvo) whose auction values are up on a year-over-year basis. The average auction value of $16,750 from Chrysler Group is $258 higher than last year and more than $1,000 higher than it was in 2011 (for 1- to 3-year-old models)…
Mid-Size Vehicles Down Year-Over-Year
Year-over-year, mid-size sedans were down 6.3 percent in April 2013…
Full-Size Vehicles Continue Strong Decline in May
Year-over-year, full-size sedans were down 4.73 percent in April 2013…
Used Full-Size Pickups Remain Down Year-Over-Year in the Face of New Truck Incentives, Redesigns
Year-over-year, the average auction values for 1- to 3-year-old full-size pickup trucks are down 1.3 percent…
Ram Pickups Outperform Full-Size Truck Segment
The Chevrolet Avalanche decreased the most at auction during the last four weeks. Buyers may be less willing to pay top-dollar for the Avalanche since 2013 is the last production model year, and it has a lower starting MSRP than the 2012 model-year Avalanche…
