2009 UCMR
Each year Manheim publishes a comprehensive review of the wholesale used vehicle market and the used vehicle remarketing industry. This 2009 issue marks the 14th consecutive year of publication of the Used Car Market Report. In it, readers are able to experience not only the trends that shaped the wholesale and retail used vehicle markets, but also understand the challenges that impacted all of the buyers and sellers of used cars in the last twelve months.
At no time in history has the used vehicle market been so central to the overall financial health of the automotive industry. Trade-in values, residual values, repossessions and retail demand for used vehicles impact automakers, dealers and financial institutions directly. Yet data on the used vehicle marketplace is highly fragmented and often difficult to track.
The Used Car Market Report is a comprehensive study of all aspects of the used vheicle market beginning with an economic overview to detailed analyses of every major vehicle consignor group and the actions and reactions of the dealers who both buy and remarket used cars. The Used Car Market Report has always identified trends and raised issues that are rarely discussed, even in the automotive media. In this 14th issue, we address:
- The coming shortage of late model used vehicles that should positively impact used vehicle values within two years;
- The importance of exporters in both whole and salvage vehicle auctions;
- The ability of used vehicle price data to foretell the acceptance and value of new technologies and innovations;
- The variation in analytical models used by fleets and insurers to declare vehicles a total loss;
With commentary from industry leaders and in depth research from many contributors, the 2009 Manheim Used Car Market Report provides the data, analysis and insights needed to understand this complex industry.
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