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Wholesale Prices Rise

Wholesale Prices Rise Featured

Average wholesale prices in April were up on both a month-over-month and year-over-year basis.  
According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class, wholesale used vehicle prices in April averaged $11,141, up 2.2 percent compared to March and up 2.5 percent relative to April 2016.  Compact, mid-size and luxury cars all showed year-on-year price declines of 2 percent or more, while most of the truck segments registered significant year-over-year gains.
Average wholesale prices for used vehicles remarketed by manufacturers were up 2.5 percent month-over-month and up 3.7 percent year-over-year.  Prices for fleet-lease consignors were up 1.5 percent month-over-month and up 3.7 percent year-over-year.
Average prices for dealer consignors were up 5.1 percent versus March and up 3.9 percent relative to April 2016.

Last modified on Friday, 19 May 2017 00:41

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