Automotive

Wholesale Used Prices Continue To Climb

Did 0.7% of consumers also enter the “wait it out” camp from April to May?
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Wholesale Used Prices Continue To Climb

A new report by Cox Automotive shows a 0.7% increase in used car prices from April to May and 9.7% from May the previous year. The new data brings the year-over-year increase to 12.1%, with all major market segments except pickups impacted by the rise. Total sales continue to be down due to ongoing supply issues.

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