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Cox Automotive Slashes Used-Vehicle Price Forecast for 2026

Cox Automotive said higher fuel, inflation and rates pushed wholesale prices lower as electric and fuel-efficient vehicles gained value.

Summary by Quartz
The company's Manheim index fell 0.6% year over year in September, the first monthly decline since early last year

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Wholesale prices fall 0.6% annually in September; EV values rise 4.3%, Cox Automotive cuts year-end price forecast

·Ankara, Türkiye
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+2 Reposted by 2 other sources
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Used car prices fall in Q3, while demand for fuel-efficient vehicles grows

·Englewood Cliffs, United States
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Cox Automotive reduces forecast for the Manheim index of used, from 2% to 0.2% this year; wholesale prices fall in September

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CNBC broke the news in Englewood Cliffs, United States on Wednesday, October 7, 2026.
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