Wholesale Price Decline Picks up Pace Featured
17 November 2016
The decline in wholesale prices accelerated in October. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class, wholesale used vehicle prices in October averaged $10,499 – down 2.2 percent compared to September but up 3 percent relative to October 2015. As has been the norm, average prices for cars were down on a year-over-year basis (1.2 percent), while truck prices were up significantly (5.1 percent), driving the overall year-over-year increase.