In January 2010, several used-truck segments expected to show year-over-year value increases according to NADA Used Car Guide

Most car segments will still show double-digit decreases compared to January 2009

NADA trade-in values of large SUVs expected to jump 16.61% from January 2009, large pickups 14.16%, and midsize SUVs up 6.74%

Unprecedented increase is again result of lower fuel prices bringing consumers back to used trucks

Driving up prices from low points when demand for these segments was virtually non-existent, said NADA’s Jonathan Banks

Increase in demand and decline in overall supply increased strength of used-vehicle values, especially for truck segments

Lower than average trade-in volume sent record numbers of dealers to auction to secure used vehicles and increase wholesale prices

Wholesale demand also boosted by credit crisis, limited automaker incentives, reduction in new-vehicle production, and CARS

Elevated prices on wholesale side eventually translated into higher retail values

Fewer used vehicles caused prices to rise as demand rebounded, especially in light truck, SUV, and CUV segments

Entry compact cars are projected to be down 28.96% year-over-year in January, and intermediate compacts off 24.84%

Used car values declining in 2009 reflected generally poor condition of economy, overall market volatility, and fuel prices dropping