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ADESAs Tom Kontos on Whats Happening in Used Vehicle Market
2013-03-25 01:53:13| AutomotiveDigest.com - Automotive Industry News
February wholesale prices were similar to Januarys more in line the general softening pattern that began in mid-2012 but were disrupted by Superstorm Sandy, said Tom Kontos, Executive Vice President, Customers Strategies & Analytics at ADESA Analytical Services in his monthly Kontos Kommentary report. ADESA Analytical Services whole price indicator reached $9,752 for February, down 2.8% from January and, compared to February 2012, was at Nearly every single used vehicle segment was down month-over-month from January, except for one segment that saw an increase Manufacturers remarketed vehicles were up 1% year-over-year, down from Januarys 7.7% price increase, but one segment did show February price strength Click here to read how fleet/lease and dealer consignors did in February, and other highlights of the latest Kontos KommentaryThe Article ADESAs Tom Kontos on Whats Happening in Used Vehicle Market appeared first on Automotive Digest.
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Category:Automotive