Wholesale used-car prices tumbled for a third straight month in June, in the largest drop since the start of the pandemic in 2020. Prices in that sector, dropped by 4.2 percent from May to June, according to a Cox Automotive’s Mannheim Used Vehicle Value Index (MUVVI), a measurement of wholesale prices of used vehicles, fell 10.3…
Used-Car Prices Tumble in Largest Drop Since the Pandemic
Used-Car Prices Are Back Up Again This Month, After Easing for Nearly a Year
Used-car prices in the United States have gone back up again in March, after easing for months. The average used-vehicle price was gradually leaning toward affordable again for millions of Americans for almost a year. Although the relief was relatively slight, many car buyers benefited from the price decline. The average used-car purchase had dropped from…
Used Car Prices Push Higher in Sign of Inflation Stuck in High Gear
American used car prices climbed even higher as inflation continues to rise, according to a recent report. It appears unlikely that car buyers will get good bargains for used cars or trucks this spring, with wholesale used vehicle prices surging for a third consecutive month in a row in February. Cox Automotive’s Mannheim Used Vehicle Value…
Americans Still Face Used-Car Sticker Shock Despite Dip in Wholesale Prices
Wholesale prices of used cars declined for the sixth straight month in November, after hitting record levels earlier this year, but retail prices remain stubbornly high as American shoppers face rising interest rates. The Manheim Used Vehicle Value Index, a leading indicator of wholesale used-car prices in the United States, dipped 0.3 from October to…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta