Auto Rental News, January 2018
20 Fact Book 2018 AUTO RENTAL NEWS MA R K E T D A T A R EMA R K E T I N G PERCENT CHANGE IN AVERAGE WHOLESALE PRICE BY MODEL CLASS 2017 VS 2016 YTD Through October NEW AND USED VEHICLE MARKET SUMMARY Through October Adesa auction data shows year over year growth in average wholesale prices in all but two model classes The compact SUV CUV class which still holds strong values is coming off historical highs More models have entered the class and theyre entering the wholesale market in increasing numbers This qualitative analysis of market sales conditions formulated by Tom Kontos Adesas executive vice president and chief economist shows that supply growth will continue to put downward pressure on prices in the near future Remarketing industry implications may occur in future periods or span multiple periods and fluctuations within those periods are expected COURTESY ADESA ANALYTICAL SERVICES KAR ANALYTICAL SERVICES REMARKETING INDUSTRY INDICATORS LATEST MOVEMENT TREND REMARKETING INDUSTRY IMPLICATION VOLUMES PRICES New Vehicle Sales Retail Sales Down Negative Negative Fleet Sales Down Negative Positive Leasing Steady at high levels Positive Negative Inventories Up Negative Negative Incentives Up Positive Negative Dealer Profits Down Negative Negative Transaction Prices Up Positive Positive Used Vehicle Sales Retail Sales Flat Neutral Negative Retail Prices Flat Neutral Negative Inventories Up Negative Negative Dealer Profits Down Negative Negative MINIVAN 129 80 56 40 29 27 20 19 12 10 02 02 12 34 COMPACT PICKUP FULL SIZE PICKUP ALL VEHICLES FULL SIZE SUV CUV FULL SIZE CAR SPORTY CAR LUXURY SUV CUV LUXURY CAR MID SIZE CAR COMPACT CAR COMPACT SUV CUV FULL SIZE VAN MID SIZE SUV CUV 3 0 3 6 9 12 15
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