According to ADESA Analytical Services, average wholesale prices for used vehicles was up in March versus February and last year.
According to ADESA Analytical Services’ Current Used Vehicle Market Conditions report, signs of the traditional spring tax-season market appeared in March, as average wholesale prices rose both on a sequential and annual basis. Yet price softening driven by supply growth remains a visible undercurrent as totals and averages are broken down into model class, sale type and age buckets.
Generally, lower used vehicle prices increase pressure on the number of total losses impacting the collision repair industry, while rising prices
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