The OPENLANE Market Index represents pricing trends across all vehicle segments in our online marketplace. The OPENLANE Price Index by Body Style measures pricing trends by vehicle segment. It represents the most recent prices obtained at auction and provides for a high level trend of pricing in the just concluded month relative to monthly pricing since January 2008. Given the market volatility of 2008 in general, we have continued to show trends with January 2008 as a baseline. We intend to change the index to show a rolling 13 months sometime in the future.

The OPENLANE Vehicle Interest by Body Style trend is unique to OPENLANE and represents a leading indicator of what dealers are interested in acquiring for their used vehicle inventory. The index should help consignors get an early indicator for vehicle demand and provide high level insight on what they can expect in the marketplace over the next 30-60 days.

• US Market Index
• Canadian Market Index

2009 has seen significant growth in wholesale values through August. Prices in the last four weeks of September have remained essentially level. For the first time in 2009, we observed a price decline during the third week of September.

• Car pricing rose from August and into the first two weeks of September and steadying in the last two weeks.
• Minivan prices have begun to show a decline beginning the second week of September with peak values having attained in early September.
• September SUV prices rose in the first two weeks and declined in the subsequent two weeks.
• Truck pricing was the most volatile relative to other segments with pricing ending at slightly lower levels than August.

US Dealer Interest Trend: Dealer interest in Trucks and SUVs increased while interest in Cars and Minivans declined.

• The Car segment showed a slight decrease in dealer interest last month but exceeded September 2008 levels by 11 percentage points.
• Dealer interest in Minivans dropped 5 percentage points last month but continued to exceed September 2008 levels by 41 percentage points.
• SUVs experienced an increase of 6 percentage points in dealer interest last month declining 11 percentage points below September 2008 levels.
• Dealer interest in Trucks leveled off last month dropping 28 percentage points below September 2008 levels.

Canadian Price Trend: Canadian used car values rise in September

After showing a decline in July and August, used vehicle wholesale prices in Canada showed significant increase throughout September and peak values achieved in the last two weeks.

• Car pricing rose in the first two weeks of September and leveled off in the last two weeks.
• The Minivan segment showed a slight decline in the beginning of September and climbed to its peak value the following weeks.
• SUV pricing experienced a small drop in the second week of September with peak values having attained in late September.
• Truck pricing showed volatility in September with pricing ending at slightly higher levels than August.

Canadian Dealer Interest Trend: Trucks showed slightly more dealer interest while interest in Cars and Minivans decline.

• The Car segment had a slight decrease in dealer interest last month but exceeded September 2008 levels by 40 percentage points.
• Dealer interest in Minivans continued to be at its lowest level dropping 4 percentage points last month and falling 11 percentage points below September 2008 levels.
• Dealer interest in SUVs leveled off last month and is just 1 percentage point above September 2008 levels.
• Dealer interest in Trucks increased by 4 percentage points last month but is now 48 percentage points below September 2008 levels.

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