NADA UCG Studies How Wholesale and Retail Used Prices Have Varied

Jonathan Banks
Exec­u­tive Auto­mo­tive Ana­lyst
NADA Used Car Guide

NADA Used Car Guide has ana­lyzed how used vehi­cle whole­sale prices at auc­tion and retail price pre­mi­ums have var­ied in recent years. Since 2008, whole­sale prices began to rise due to low sup­ply, eas­i­er cred­it, and an improved atti­tude among con­sumers and deal­ers about the used car mar­ket. In the past two years, the aver­age whole­sale price increased to an all-time high of near­ly $16,000. Prices in the used retail mar­ket also increased – up 18% from 2007 to 2015.

Read more on the Used Vehi­cle Pre­mi­ums report

Spread between the Two Great­est in 2008 at 41.3% Right Before Crash:
At 33.4% in 2012, low­est in past decade, and only increased to 35.3% in 2015.

Spread between Used Com­pact Cars Declined by 11% from 2006 to 2015:
In con­trast, lux­u­ry seg­ments showed nar­row­er spread dur­ing this peri­od.

Old­er Used Vehi­cles May Not Be as Inex­pen­sive as Expect­ed:
May have high­er retail pre­mi­ums as deal­ers will need to spend more on recon­di­tion­ing.

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