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Used-car values will decline by about 2 percent, while truck values will fall by about 1 percent or half of the amount of cars, according to the June edition of the NADA Official Used Car Guide. For example, after appreciating by $1,200 or 11 percent from January through May, the value of a 2009 Honda Civic Sedan 4D LX will fall by $600 inJune. After increasing in value by $2,350 from January through May, prices on the 2011 Toyota Prius Liftback 5D will fall $900 in June, according to the NADA Used CarGuide. For example, when gasoline prices increased during the first four months of 2011, the 2009 Toyota Prius increased in value by about $4,500 from January through April 2011.
Looking ahead to July, the NADA Used Car Guide is forecasting that depreciation for small and midsize cars, which experienced the greatest appreciation over the first part of 2012, will see values continue to dropsharply.
All opinions expressed on USDR are those of the author and not necessarily those of US Daily Review. Fortunately, Bob and his wife produced three male offspring who have become integral to the auto business he bought in 1972: sons Steve, John and Dan, all graduates of Winthrop High School.
Bob Brooks started in the car business in Portland, selling Buicks there in 1954 and then American Motors Ramblers for 10 years before moving to Augusta to join Walter Clark, owner of Clark’s Auto Sales. With sons Steven (1974) and John (1976) joining Bob shortly after the change of ownership and Dan coming in a little later, the Brooks Boys were in business.


As John explained a few years ago, “The fact was 1990 was a time when new car dealers were either getting much bigger or leaving the business. The family business operates smoothly, John said, because each member has his own area to manage.
The business grew and prospered for more than 40 years in leased space in what is now Shaw’s Plaza on Western Avenue, John said.
The family already owned the site of their new facility, just west of the Dead River Food Trend convenience store and car wash on Capitol Street and opposite the Maine State Credit Union. Constructed by Steve Wood of S&J Construction in Winthrop, the new facility opened April 8, 2008. There is always the possibility of a new generation of Brooks boys and girls joining the business.
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Prices for used compact and midsize cars will fall by an average of 2.4 percent and many used cars will see larger declines.


The dealership and service department was located on Western Avenue, a block away, for more than 40 years. Working together, the Brooks Boys continued their new car franchises until 1990 while building Capitol Car Care into a full-service repair and maintenance division of the company. The Brooks Boys sell to long-time customers and new ones who may start out as service customers, frequently people who work for the state, John noted. Between them, the sons have 4 sons and 2 daughters, any of whom just might catch the fever that has made the Brooks Boys successful so far. In all cases, he said, cars are updated and serviced as needed by Capitol Car Care before they ever go out on the lot or in the showroom.



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