CarMax’s Bad Q3 Results Drag Down Industry

Used-car retailer grapples with waning demand in face of economic challenges.

NADA: Supply, Incentives Driving Down Retention Rates

MCLEAN, Va. — Through September, retention rates for most model-year 2013 vehicles are down across the board compared to last year, according to NADA Used Car Guide. Larry Dixon, the firm’s director of market intelligence, said increased supply and incentives are the reasons. “We estimate that the supply of used vehicles up to five years ... Read More »

July’s 2.3% Drop in Wholesale Prices Ties June Record, NADAUCG Reports

MCLEAN, Va. — Wholesale prices for vehicles up to eight years in age fell 2.3% in July, tying June for the biggest drop recorded so far in 2016, according to the NADA Used Car Guide. As a result, the firm lowered its seasonally adjusted used vehicle price index 1.1% to 118.9 . The largest decline in ... Read More »

J.D. Power to Acquire NADA Used Car Guide

WESTLAKE VILLAGE, Calif. — J.D. Power and the National Automobile Dealers Association (NADA) have announced an agreement under which J.D. Power will acquire NADA’s Used Car Guide business, a well-known source of used-vehicle values. The transaction is expected to close early in the third quarter of 2015 and is subject to Hart–Scott–Rodino Act review. Established ... Read More »

IHS Automotive, NADA Used Car Guide Continue 30-Year Relationship

Average Incentives Rise, Domestics Curb Spending

NADA Report: Used Vehicle Prices Will Remain at a High Level in 2014

NADA Used Car Guide Names Top Truck and SUV Retention Values

NADA Used Car Guide Rolls Out Enhanced MarketValues App for Auctions

NADA Used Car Guide: Used Vehicle Prices to Slip in 2014