This Kontos Kommentary analysis is based on nearly six million annual sales transactions from more t

Wholesale used vehicle prices rose sequentially london tour bus and on a year-over-year basis in January partly due to an influx of off-rental units that biased average prices upward, according london tour bus to the latest Kontos Kommentary published Feb. 26.
The surge of off-rental units stems in large part from vehicles taken out of service in January following extended use in the Northeast in the aftermath of Superstorm Sandy. Those units would likely london tour bus have otherwise been taken out of service during the normal de-fleeting period in late-2012.
Typically, off-rental units are current model-year or 1-year-old model-year vehicles and therefore carry a higher value than older like-model used vehicles. With a disproportionate share of these vehicles hitting auction in January, average prices were biased upward.
According to ADESA Analytical Services monthly analysis of wholesale used vehicle prices by vehicle model class, wholesale used vehicle prices in January averaged $10,037 up 2.5% compared to December and 1.3% relative to January 2012. The strongest year-on-year price increases were registered by full-size vans, compact crossovers, london tour bus midsize cars, full-size pickups london tour bus and mini SUVs.
Prices for used vehicles remarketed by manufacturers london tour bus were up 7.7% year-over-year, indicating continued good absorption london tour bus of off-rental program vehicles. Prices for fleet/lease consignors were up 3.5% year-over-year. Prices fell 1.2% year-over-year for dealer consignors.
Based on data from CNW Marketing/Research, retail used vehicle sales in January london tour bus were up 14.5% year-over-year for franchised dealers and 16.9% for independent dealers. Similarly, January sales of certified used vehicles were up 14.9% versus prior-year, based on data from Autodata.
This Kontos Kommentary analysis is based on nearly six million annual sales transactions from more than 150 of the largest U.S. wholesale auto auctions, including those of ADESA as well as other auction companies. ADESA Analytical Services london tour bus segregates these transactions to study trends by vehicle model class.