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2017 Data Source Book

Page 1


TURNS PERYEAR

MRE

CUSTOMIZED OPTIONS TO HELP ME BECOME A MASTER OF TURN TIME*

CHRIS HAUS | HAUS AUTO GROUP | CANFIELD, OH

Published By General Media LLC

Used Car News (ISSN 1555-7413) is published at 24114 Harper, St. Clair Shores, MI 48080

Phone: 586-772-5200

800-794-0760

Fax: 586-772-9400 Web Address: www.usedcarnews.com

Charles M. Thomas Founder (1947-2002)

Lynda R. Thomas, Publisher

Colleen Fitzgerald, General Manager

Editorial: Ted Craig, Managing Editor Jeffrey Bellant, Staff Writer

Contributing Writers: Ed Fitzgerald, Jenny King,

Columnist: Tony Moorby

Advertising: Shannon Colby, Marie Hingst

Circulation: Helen Thomas

Production: Tom Savage, Production Manager Cee Lippens, Web Master

The staff of Used Car News would like to thank:

• Tom Kontos, chief economist,ADESA Inc.;

• Cox Automotive Media Solutions;

• Tom Webb, chief economist, Cox Automotive;

• Experian Automotive;

• J.D. Power; and

• Ken Shilson, founder, National Alliance of Buy-Here, Pay-Here Dealers for their help in providing data, charts and input for the 2017 Data Source Book.

irst and third

WHOLESALE DATA

TOTAL WHOLESALE SUPPLY: OFF-RENTAL

AVERAGE MILEAGE: COMMERCIAL FLEET UNITS SOLD AT AUCTION

AVERAGE AUCTION PRICE: MIDSIZE FLEET CARS

WHOLESALE DATA

AVERAGE AUCTION PRICE DEALER CONSIGNED VEHICLES

AVERAGE MILEAGE DEALER CONSIGNED VEHICLES

NUMBER OF REPOSSESSIONS

USED VEHICLE PRICE FORECAST

Source: J.D. Power and Associates

OFF-LEASE VOLUMES – FURTHER GROWTH AHEAD

SEGMENT SUPPLY DOMINATED BY CARS

FLEET SALES BY MANUFACTURERS: MILLIONS OF UNITS

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USED VEHICLE SUPPLY ESTIMATES

PERCENT CHANGE IN WHOLESALE PRICES FOR SELECTIVE MARKET SEGMENTS

PERCENT DISTRIBUTION OF AUCTION SALES BY MODEL YEAR

MANHEIM USED VEHICLE VALUE INDEX

Source: Manheim Consulting

WHOLESALE DATA

“Since

WHOLESALE DATA

First-rate remarketing services and a radical customer experience.

Independent. Connected. Committed.

AVG. DAYS IN INVENTORY(RETAIL TRANSACTIONS)

Source: Cox Automotive

DEPRECIATION ACCELERATED ACROSS THE BOARD

Source: J.D. Power and Associates

DECEMBER YTD SALES VOLUME

WHOLESALE USED VEHICLE PRICE TRENDS

THROUGH DECEMBER

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WHOLESALE DATA

INCENTIVE SPEND/ATP

Incentive Spend / ATP

Source: Motor Intelligence; Kelley Blue Book

AVERAGE NEW CAR TRANSACTION PRICE

INCENTIVES PASSING ALL-TIME HIGHS

(loans

• Local Point of Service in YOUR Market

• Bulk Purchase Program with NO hassles

• Stream of Payment Advances (6-15 months)

• Aged Pay Share Program that gives you Capital and Cash Flow!

• Floorplan for select BHPH Dealers for BHPH Vehicles with NO audit fees

• Servicing for all types of Auto Receivables

• Backup Servicer and Custodian for Banks and Finance Companies

FINANCE DATA

FINANCE DATA

BUY-HERE, PAY-HERE DATA

PENNSYLVANIA

‘GREAT’ Proven Fleet-Lease-Repo Market

‘GREAT’ New Car Dealer Consignment - Multi-Franchises

‘GREAT’ Buyer Support - IN, MI, OH, PA, NY & Export

*50% of US Population is within 500 Miles of Erie, PA!*

Exit 16 - I-90 (just West of I-79) Fairview, PA • www.greater-erie.com L.Todd Briggs, Co-Owner/GM 814-474-3900

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