Late-model auction volume trends through 10 months

McLEAN, Va.  - 

There was a slide in late-model auction volume during October, but through 10 months of 2017, the numbers remain ahead of year-ago figures.

That’s according to the latest Guidelines report from J.D. Power Valuation Services.

The report indicates there was a 2.1-percent month-over-month slide in late-model auction volume during the month. Compared to a year earlier, October’s volume was down 4.4 percent.

However, year-to-date late-model auction volume is up 4.2 percent, J.D. Power said.

Trucks and SUV segments are among the highlights of that year-to-date growth. 

That said, cars are taking a 54-percent share of volume, with trucks at 46 percent, the company said. The opposite has been true in new vehicles. 

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