Prices were down on both a month-over-month and year-over-year basis.
According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, as the wholesale used vehicle market enters the period of time comparable with last year’s hurricane season, wholesale prices will be challenged to meet last year’s high, demand-driven levels. This is reflected in average wholesale prices in September, which fell on both a month-over-month and year-over-year basis, and significantly lower retail used vehicle sales than last year.
Generally, lower used vehicle prices increase pressure on the number of total losses impacting the collision repair industry, while rising prices
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.