All Segments Show Declines at Auction

By Staff Writer December 17, 2018

Average wholesale prices in November softened on a year-over-year basis in part from comparison to last year’s inflated prices from Hurricanes Harvey and Irma.  Still, prices were down on a month-over-month basis in November at a greater-than-seasonal level, indicating weaker market conditions.

 
According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class, wholesale used vehicle prices in November averaged $10,599. That is down 4.2 percent compared to October and down 1.8 percent relative to November 2017.

 
As a group, the truck segments held up somewhat better than the car segments, but virtually all model classes showed declines.

Last modified on Monday, 17 December 2018 22:48

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