NADA Used Car Guide on December Prices and 2012 Patterns

Jonathan Banks
Exec­u­tive Auto­mo­tive Ana­lyst
NADA Used Car Guide

Whole­sale prices closed 2012 on strong note despite poten­tial fis­cal cliff – aver­age price of vehi­cles up to 8-years old ticked up slight 0.1% and remained essen­tial­ly unchanged from Novem­ber; Prices for all seg­ments fell by scant 0.7% from Novem­ber, while mid-size cars, util­i­ties, and vans were up 0.5%.

Click here to read NADA Used Car Guide – Jan­u­ary 2013

Com­pared to Pri­or Decem­ber, Over­all Mar­ket Prices Were 1.9% High­er:
Large pick­ups and SUVs up 7.7% and 6.3% respec­tive­ly, lux­u­ry util­i­ty had largest price drop at 5.8%.

Used Price Move­ment Fol­lowed More Tra­di­tion­al Sea­son­al Pat­terns for 2012:
Exter­nal fac­tors affect­ed results, most notably ele­vat­ed gas prices in spring and Hur­ri­cane Sandy in Q4.

Last Year, Gaso­line Prices Grew by Over 60 cents from Jan­u­ary through April:
Car prices increased beyond sea­son­al pat­terns, but more notably, light truck prices didn’t drop.

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