USED-CAR MARKET ANALYSIS Fuel Prices Continue to Rise into ...

USED

BLUE BOOK

CAR

EDITION

Market Report

JUNE

2015

Automotive Insights from Kelley Blue Book

Kelley Blue Book Public Relations Contacts:

Chintan Talati | Sr. Director, Public Relations 949.267.4855 | chintan.talati@

Joanna Pinkham | Sr. Public Relations Manager 404.568.7135 | joanna.pinkham@

Brenna Robinson | Sr. Public Relations Manager Samantha Hawkins | Marketing Coordinator

949.267.4781 | brenna.robinson@

949.268.2760 | samantha.hawkins@

USED-CAR MARKET ANALYSIS:

Fuel Prices Continue to Rise into Summer Months

Fuel Prices

$4.00

Fuel Prices

Regular Conventional Retail

$3.75

$3.50

$3.26 $3.25

$3.00

$2.75

$2.72

$2.50

$2.25 $2.23

$2.00

$1.75 $1.50

Jan

CY 2013 CY 2014 CY 2015

Jan Feb March April May June July Aug Sept Oct Nov Dec

Source: U.S. Energy Informa3on Administra3on

In This Issue:

USED-CAR MARKET ANALYSIS Fuel Prices Continue to Rise into Summer Months

Used-Car Values Continue Downward Trend, Pickups Remain Stable

Toyota Tundra Values Top List for Best Performing Yearto-Date

WE CAN EXPECT TO SEE A PEAK IN FUEL PRICES

SOMETIME BETWEEN JUNE AND JULY...

-SEAN FOYIL, KELLEY BLUE BOOK ANALYST

? In June, fuel prices rose an average of 8 cents, or 3 percent, marking the highest price for fuel so far this year at $2.74 per gallon. ? Year-to-date, the average price for a gallon of regular retail gasoline has increased 58 cents from $2.14 in January to $2.72 per gallon.

"It's not uncommon to see fuel prices rise throughout the onset of summer months; however, if fuel prices follow historical trends, we can expect to see a peak in fuel prices sometime between June and July, before they start to trend back down heading into fall and winter months," said Sean Foyil, analyst for Kelley Blue Book.

USED-CAR MARKET ANALYSIS:

continued

Used-Car Values Continue Downward Trend, Pickups Remain Stable

Sporty Compact Car Full-Size Pickup Truck Mid-Size Pickup Truck

Minivan/Van High Performance Car Luxury Compact SUV/Crossover Luxury Mid-Size SUV/Crossover Full-Size SUV/Crossover

Sports Car Luxury Full-Size SUV/Crossover

Luxury Car Compact SUV/Crossover

High-End Luxury Car Mid-Size SUV/Crossover

Average Entry-Level Luxury Car

Compact Car Full-Size Car Subcompact Car Mid-Size Car Hybrid/Alternative Energy Car Electric Vehicle

-9.5%

-11%

-8.1% -9%

Segment Comparison

Four Week Difference (%)

-4.3% -4.3% -4.7% -4.8%

-1.7% -1.7% -1.9% -2.0% -2.0% -2.1% -2.2% -2.3% -2.4% -2.6% -2.6% -2.6% -3.2%

June 26, 2015 vs. May 22, 2015 Model Years 2012 - 2014 2.7%

-0.2% -0.6%

-7%

-5%

-3%

-1%

2%

4%

Source: Kelley Blue Book Automotive Insights

? In June, average vehicle values fell further than in May, dropping an additional 2.6 percent, or $492, from where they ended last month. ? Mid-size and full-size pickup trucks remained stable and outperformed most segments, having dropped a minimal 0.6 percent and 0.2 percent,

respectively. ? Hybrid/alternative energy car and electric vehicle segments continued to underperform in June despite lofty increased in fuel prices. ? The subcompact car, compact car, mid-size car and full-size car segments underperformed the segment average, all falling between 4 and 5 percent on

average, while SUV and crossover segments outperformed most segments, dropping 2 percent on average.

Toyota Tundra Values Top List For Best Performing Year-to-Date

Tundra Double Cab Colorado Crew Cab Silverado 1500 Extended Cab Sierra 1500 Extended Cab

F150 Super Cab Ridgeline

1500 Quad Cab Canyon Crew Cab Tacoma Double Cab

Titan Crew Cab Sierra 1500 Double Cab Silverado 1500 Double Cab

Avalanche FronBer King Cab Equator Crew Cab

Escalade EXT --6%

Truck Comparison Year-to-Date Difference (%)

June 26, 2015 vs. January 1, 2015

Model Years 2012 -- 2014

5.0%

4.7%

2.8%

2.7%

2.2%

2.1%

2.0%

--0.3%

--1.0%

--1.2%

--2.5%

--2.5%

--3.6%

--3.9%

--4.4%

--4.5%

--4%

--2%

0%

2%

4%

6%

Source: Kelley Blue Book Automo1ve Insights

? The Toyota Tundra tops the list of full-size and mid-size pickup trucks from a year-to-date perspective, having increased an average of $1,090, or 5 percent, for 1- to 3-year-old models.

? The 2014 model-year Tundra received an exterior/interior design refresh and has been outperforming the segment significantly since the start of the year, having increased a noteworthy 6.4 percent.

? The Chevrolet Colorado finished a close second, having increased $847, or 4.7 percent. The Colorado had stopped production after the 2012 model year until recently with the reintroduced 2015 model. The value of the 2012 Colorado may be receiving positive attention due to the reintroduction of the newer generation and renewed interest in the model line altogether.

2 BLUE BOOK Used-Car Market Report JUNE 2015

USED-CAR MARKET ANALYSIS:

continued

Appendix

Top$5$Performing$Segments:

SEGMENT

47Week$(%)

Sporty'Compact'Car

2.7%

Full3Size'Pickup'Truck

30.2%

Mid3Size'Pickup'Truck

30.6%

Minivan/Van

31.7%

High'Performance'Car

31.7%

MY#2012'2014,#Kelley#Blue#Book?#Auction#Value

Bottom%5%Performing%Segments:

SEGMENT

47Week%(%)

Electric(Vehicle

+9.5%

Hybrid/Alternative(Energy(Car

+8.1%

Mid+Size(Car

+4.8%

Subcompact(Car

+4.7%

Full+Size(Car

+4.3%

MY#2012'2014,#Kelley#Blue#Book?#Auction#Value

Top$10$Performing$Models: MAKE

MODEL

Cadillac

XTS

Mitsubishi

Eclipse

Hyundai

Veracruz

Volvo

C30

Porsche

Cayman

Volkswagen

Routan

Toyota

TundraKDoubleKCab

Toyota

FJKCruiser

Ford

TransitKConnectKCargo

Infiniti

Q50

MY#2012'2014,#Kelley#Blue#Book?#Auction#Value

Bottom%10%Performing%Models: MAKE

MODEL

Nissan

LEAF

Toyota

Prius

Mitsubishi

i*MiEV

Smart

fortwo

Mazda

MAZDA2

Mazda

MAZDA5

Chevrolet

Volt

MINI

CooperOHardtop

Dodge

Charger

Kia

Soul

MY#2012'2014,#Kelley#Blue#Book?#Auction#Value

4;Week$(%) 3.8% 2.7% 2.0% 1.9% 1.5% 1.5% 1.2% 1.2% 1.0% 0.7%

4;Week%(%) *13.7% *9.0% *7.7% *7.6% *7.0% *6.9% *6.8% *6.7% *6.7% *6.6%

The statements set forth in this publication are the opinions of the authors and are subject to change without notice. This publication has been prepared for informational purposes only. Kelley Blue Book assumes no responsibility for errors or omissions.

About Kelley Blue Book () Founded in 1926, Kelley Blue Book, The Trusted Resource?, is the only vehicle valuation and information source trusted and relied upon by both consumers and the automotive industry. Each week the company provides the most market-reflective values in the industry on its top-rated website , including its famous Blue Book? Trade-In Values and Fair Purchase Price, which reports what others are paying for new and used cars this week. The company also provides vehicle pricing and values through various products and services available to car dealers, auto manufacturers, finance and insurance companies, and governmental agencies. Kelley Blue Book's ranked highest in its category for brand equity by the 2015 Harris Poll EquiTrend? study and has been named Online Auto Shopping Brand of the Year for four consecutive years. Kelley Blue Book Co., Inc. is a Cox Automotive company.

3 BLUE BOOK Used-Car Market Report JUNE 2015

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download