March 31, 2020—On Tuesday, the Automotive Service Association hosted a webinar on how to effectively handle the trickle-down effect of the COVID-19 outbreak as a small business owner.
March 31, 2020—On Tuesday, the Automotive Service Association hosted a webinar on how to effectively handle the trickle-down effect of the COVID-19 outbreak as a small business owner.
Average wholesale prices in October were down only modestly month-over-month and were up year-over-year, bolstered by lingering impacts from hurricanes Harvey and Irma.
The initial average appraisal value, calculated by combining data from all first and third-party repairable vehicle appraisals uploaded through ̽»¨¾«Ñ¡ systems in Q3 2017, was $3,019, $16 less than this same period last year. However, continued development suggests a final Q3 2017 average appraisal value of $3,043, which represents an increase over the same quarter last year.
Total loss data for both vehicle age and actual cash value of total loss vehicles processed through ̽»¨¾«Ñ¡ servers.
The average gross initial appraisal value, calculated by combining data from all first and third party repairable vehicle appraisals uploaded through ̽»¨¾«Ñ¡ Canadian systems in Q3 2017, was $4,003 - a $178 decrease from Q3 2016. Factoring for development yields an anticipated increase to $4,042.
With hundreds of exhibiting companies and thousands of attendees,
The following commentary is produced monthly by Tom Kontos, Executive Vice-President, ADESA Analytical Services. ADESA is a leading provider of wholesale used vehicle auctions and ancillary remarketing services.