Kontos Kommentary — May 2012

Tom Kon­tos
Exec­u­tive Vice Pres­i­dent, Cus­tomer Strate­gies & Ana­lyt­ics
ADESA Ana­lyt­i­cal Ser­vices

Kon­tos Kom­men­tary – May 2012

OPENLANE US Mar­ket Index has returned after months of hia­tus, and now part of the ongo­ing inte­gra­tion with ADESA. OPENLANE’s US auc­tion prices in May declined 3 per­cent­age points ver­sus pri­or month and end­ed 8 per­cent­age points below May 2011.

ADESA’s View Rein­forced that Prices Have Prob­a­bly Seen Cycli­cal and Sea­son­al Peaks:
Full­size vans and full­size SUVs were only seg­ments that showed month-over-month ris­es, aid­ed by eas­ing gas prices.
Tight Sup­plies May Be Eas­ing, As Deal­ers Take More Trades on Ris­ing New Vehi­cle Sales:
Used vehi­cle prices may be approach­ing a ceil­ing rel­a­tive to new vehi­cle prices.
Whole­sale Used Vehi­cle Prices Down 2.9% from April and Down 1.8% rel­a­tive to May 2011:
OPENLANE mar­ket index rein­forces whole­sale price trends seen in ADESA Ana­lyt­i­cal Ser­vices data.

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