While down year-over-year, prices were up slightly versus November.
According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, average wholesale prices in December fell on a year-over-year basis for the second month in a row and for the seventh time in 2018, supporting its expectation of general price softening due to supply growth. Supply growth is increasingly concentrated in the truck segments, which consequently saw greater price softening in December than did cars. On a month-over-month basis, rising car prices more than offset declining truck prices, allowing a modest increase in overall wholesale prices. Auction prices for