Used Car & Truck Wholesale Prices amid Solid Retail Demand and Tight Supply

Time to buy a shiny new car? Used vehicle prices are rising

Prices are expected to jump for both vehicle types in the second half of the year, an AutoTrader report says

Used Car & Truck Wholesale Prices amid Solid Retail Demand and Tight Supply

Another squiggle, down this time, in moderate inflationary pressures that started a Year Ago.

Wholesale used-vehicle prices dip in July as market shows mixed trends

Wholesale used-vehicle prices fell in July compared to June, with the Manheim Used Vehicle Value Index (MUVVI) dropping 0.5% to 207.4. Despite the monthly dip, prices remain 2.9% higher year-over-year. Seasonal adjustments softened the decline, as unadjusted prices dropped 1.4% for the month. Tight inventory and steady retail demand have helped moderate depreciation compared to historical averages. Electric vehicle (EV) values continue to outpac…