Wholesale Used Car Values Hold Firm in May Despite Seasonal Softening
4 Articles
4 Articles
Wholesale Used-Vehicle Prices Decrease in First Half of May - CollisionWeek
While down versus April, the wholesale used vehicle index is up versus May 2024. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis declined from April in the first 15 days of May. The mid-month Manheim Used Vehicle Value Index fell to 205.9, showing a rise of 4.4% from the full month of …
Used car prices in Canada are starting to rise again
A new update from online used car retailer Clutch shows used vehicle prices in Canada are starting to rise again, up 0.22 per cent month-over-month and 0.54 per cent year-over-year. That is according to the company’s April 2025 Used Car Pricing Report. They said the increase marks the first annual increase since 2023, signalling a shift in buyer behaviour during a period of ongoing supply constraints, rising new vehicle costs, and growing tariff…
Lane watch: Wholesale price rise streak ends at 10 straight weeks
Well, if you had a little wager at your dealership or consignment department guessing how long wholesale values would increase because of tariffs and other factors, the person who predicted 10 weeks in a row would be the winner. Black Book reported that wholesale values dipped 0.03% last week, stopping the price climb that began in March when college basketball was generating lots of wagering activity. Perhaps equally noteworthy, analysts said l…
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