While up compared to 2018, wholesale vehicle prices were below May levels.
According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, the 2019 spring/tax season used vehicle market came to an end appropriately in June, as average wholesale prices fell on a month-over-month basis, although they were up year-over-year. Solid retail used vehicle sales again provided demand-side support for wholesale values.
Generally, lower used vehicle prices increase pressure on the number of total losses impacting the collision repair industry, while rising prices allow for more collision repair work to be performed prior to a vehicle being declared
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