Prices decline compared to May, but remain above June 2015
According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices, average wholesale values fell again on a month-over-month basis in June, but they remain up on a year-over-year basis largely because of the continued price strength of trucks.
A portion of the month-over-month price decline in May can be explained by the usual falloff in prices from May to June, typifying the transition from the strong spring/tax season to the less robust summer months. However, incentive activity, which has been relatively benign, may be on the rise, as
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