Galves Auto Price List Editor Dan Galves says he saw was the most abrupt marketplace shift he can recall ever seeing.
It’s appearing to impact all segments, though 2011 and later model vehicles are getting hit hard. It looks to be disproportionately affected by the current climate of aggressive leasing programs and manufacturer incentives.
Galves is seeing two distinct segments taking the hit the hardest, and one brand in particular.
On the retail used car sales side, Art Spinella and the CNW Research team saw something different, especially for franchised dealers and private party (casual) sales.
It was a tougher month for independent dealers in September.
Ricky Beggs and the Black Book team noticed an anomaly out in the market – while gasoline prices were down for the third straight week, the typical drop in pricing for fuel efficient vehicles weren’t hurt by it.
Check out the latest on what segments have been seeing the most action in recent weeks from the Galves, CNW, and Black Book reports.