Wholesale Prices Reach Peak

By Staff Writer May 28, 2019

 

Average wholesale prices reached a peak for the year in April. 

According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class, wholesale used vehicle prices in April averaged $11,489. That is up 3.6 percent compared to March and up 3.4 percent compared to April 2018.  Full-size cars and minivans were the only segments that did not show month-over-month average price increases, and their declines were modest. Car prices overall moved with truck prices overall on a month-over-month basis and showed particular strength in the off-lease segment at physical auctions.

When holding constant for sale type, model-year, mileage, and model class segment -- using criteria that characterize off-lease units -- prices were up significantly on a year-over-year basis for midsize cars but down substantially for midsize SUV/CUVs.

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Last modified on Tuesday, 11 June 2019 22:01

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