Used-vehicle prices of some recently redesigned GM vehicles are rising faster than those of their competitors.
For example, data from Black Book shows that the average wholesale price of a 2-year-old Chevrolet Malibu was $12,850 in early May, up 35 percent compared with the price of a 2-year-old Malibu in early May 2009.
A 2-year-old Honda Accord had an average wholesale price of $16,050 earlier this month, 24 percent more than its 2-year-old price in 2009. The average wholesale price of a 2-year-old Toyota Camry was $12,825, 10 percent below the price of a comparable Camry a year earlier.
Still, in April, Toyota Division racked up its best certified month -- selling 31,090, up 44 percent. Through four months, Toyota Division increased its certified sales 13 percent to 95,383.