The ADESA Canada Used Vehicle
Price Index
ADESA Canada is the largest provider of wholesale used vehicle auctions in Canada. The Index is calculated from millions of pieces of sales data from ADESA Canada’s live open bidding auctions with the addition of used vehicle auction sales data purchased through the National Auto Auction Association [NAAA]. Full Article

The need for a Canadian used vehicle
market index
The used vehicle market is approximately two and a half times larger than the new vehicle market in both Canada and the U.S. In North America, approximately 45 million used vehicles are sold annually. In Canada, leasing comprises a significant percentage of total new vehicle sales - far larger than in the U.S. The large leasing volumes in Canada heighten the industry’s focus on residual and resale values. However, until now, an Index based exclusively on Canadian sales data from a statistically significant number of Canadian vehicle sales did not exist. The Index is based on used vehicle sales figures of between 90% and 100% of the Canadian market, was developed by ADESA Canada in partnership with ALG Canada, the industry benchmark for residual values in North America. Full Article

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The ADESA Canada Used Vehicle Price Index
January 1998 - March 2008

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About ADESA Canada
ADESA Canada, based in Mississauga, Ontario, is the country's largest provider of wholesale vehicle auction services. ADESA Canada is a wholly owned subsidiary of Carmel, Indiana-based ADESA, Inc. (NYSE: KAR), North America's largest publicly traded provider of wholesale vehicle auctions and used vehicle dealer floorplan financing. For further information on ADESA, Inc., visit the company's Web site at www.adesainc.com.

About ALG CANADA
ALG (Automotive Lease Guide) Canada is the industry benchmark for residual values in North America. Based in Santa Barbara, California, ALG has been forecasting residuals for over 35 years in the U.S. and started forecasting residuals in Canada in 1981. ALG Canada provides residual forecasts and consulting to all captives and several independent leasing companies in Canada.

Creating the Index
ADESA Canada delivers all of its raw auction sales data to ALG every two weeks. All sales are generated through live or on-line open bidding auctions. ALG then filters this data through a series of analytical tools that enables it to create the ADESA Canada Used Vehicle Price Index. The Index will be adjusted monthly based on updated data in the middle of every month.Full Article

Distribution of the ADESA Canada Index
ADESA Canada intends to distribute the Index with commentary on a monthly basis via its web site at www.adesa.ca, via email to a select group of its customers and through Canada NewsWire.