Price rise on both year-over-year and month-over-month basis.
According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, the traditional Spring tax-season market appeared to wane in April, as average wholesale prices rose only modestly on both a sequential and annual basis. As in previous months, drilling down into the data reveals softness due to supply growth that is not as evident in the top-line numbers. On a positive note, retail used vehicle sales rebounded from the March Easter holiday impact, continuing their healthy pattern of absorbing the growing supply without dramatic deterioration in prices.
Generally, lower used
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