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Published Detroit, United StatesUpdated

Used Vehicle Auction Prices on the Rise in Anticipation of Tariff-Induced Hikes

Summary by The Oakland Press
By Breana Noble, The Detroit News Hundreds of used vehicles rolled through the auction aisles of Manheim Detroit on Thursday as dealers in person and online scrambled to make their bids to shore up inventories in anticipation of price increases. Average used vehicle list prices are up slightly year-over-year at $25,547, according to Cox Automotive Inc., a dealer digital services provider that owns Manheim and its 79 U.S. auction sites, which han…

Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
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Detroit Free Press broke the news in Detroit, United States on Friday, May 23, 2025.
Sources are mostly out of United States (1)

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