Late-model auction volume trends through 10 months
By subscribing, you agree to receive communications from Auto Remarketing and our partners in accordance with our Privacy Policy. We may share your information with select partners and sponsors who may contact you about their products and services. You may unsubscribe at any time.
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.
Subscribe to Auto Remarketing to stay informed and stay ahead.
By subscribing, you agree to receive communications from Auto Remarketing and our partners in accordance with our Privacy Policy. We may share your information with select partners and sponsors who may contact you about their products and services. You may unsubscribe at any time.
