According to the December issue of the OPENLANE Market Index report, overall used-vehicle sales prices remained steady in the month of November while showing slight increases towards the end of the month. Truck prices showed the greatest strength in the last two weeks of November.

Highlights from the December Market Index report for the Canadian market include:

• Truck pricing showed the most volatility in November with declines in the first and third week of the month.
• The Car segment had a slight increase in dealer interest last month and exceeded November 2008 levels by 62 percentage points.
• Dealer interest in Minivans increased 3 percentage points last month but fell 8 percentage points below November 2008 levels.
• SUVs had a slight decrease in dealer interest last month and fell 4 percentage points below November 2008 levels.
• Dealer interest in Trucks remained level last month and fell 72 percentage points below November 2008 levels.

The OPENLANE Market Index tracks trends on online pricing and dealer vehicle interest based on OPENLANE’s online auction. More details on the highlights noted above are available at  http://www.openlane-corp.com/newsletter/dec09/index-consignors.html.

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