ADESA Analytical Services reports slight increase overall in wholesale used vehicle prices compared to both August and prior year.
According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, average wholesale used vehicle prices were relatively flat in September, as car prices fell while truck prices rose in light of low fuel prices. Drilling down by seller type reveals continued softness in prices on both a sequential and year-on-year basis, especially for institutional sellers. Still, healthy retail demand continues to minimize the negative impact to price of growing volume in the used car market.
Generally, lower used vehicle