CARMEL, Ind. –

More off-lease and off-rental volumes hit the physical auction and online upstream remarketing channels in July, according to the latest recap of wholesale market trends from ADESA’s Tom Kontos.

This helped foster greater used supply in the market, one of the factors leading to softer overall wholesale values (compared to June).

As far as pricing within these consignment segments, he spotted a few varying movements in the latest Kontos Kommentary report.

“Prices for used vehicles remarketed by manufacturers were down 1.9 percent month-over-month and down 4.7 percent year-over-year, indicating weaker demand for high off-rental program vehicle inventories,” said Kontos, the chief economist for ADESA Analytical Services.

“Prices for fleet/lease consignors were down 0.9 percent sequentially but up 2.2 percent annually, though prices for off-rental ‘risk’ units within this segment were down significantly,” he added.

Trends within these slices of the remarketing business will be covered in detail as part of the Sept. 1 print and digital editions of Auto Remarketing, which is our special look at Top Fleet, Lease & Rental Trends.

For more on wholesale pricing movements, see Auto Remarketing’s complete recap of Kontos’ analysis here.