Wholesale used car prices dropped again—what that means for …

Wholesale used car prices dropped again—what that means for bargain shoppers The average used car price dropped by $109 in June. Published: July 31, 2023 at 5:01 a.m. ET

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Wholesale Used Car Prices Dropped Again—what That Means For …

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Wholesale used car prices dropped again—what that means for bargain shoppers The average used car price dropped by $109 in June. Published: July 31, 2023 at 5:01 a.m. ET

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Wholesale Used-Vehicle Prices Decreased In December

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Jan 8, 2025 · The average retail listing price for a used vehicle increased 0.3% over the last four weeks. Using estimates of retail used days’ supply based on vAuto data, an initial assessment …

coxautoinc.com

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Wholesale Used Car Prices Fell In December - Kelley Blue Book

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3 days ago · Used car retail prices increased in December, settling at $25,565 on average. But dealers paid 0.8% less at auction, showing that a minor price drop is possible soon. Used …

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Used Vehicle Prices Expected To Continue To Stabilize In 2025 After ...

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Jan 8, 2025 · This year’s increase would compare with a 0.4% rise in 2024 following drops of 7% and nearly 15% in 2023 and 2022, respectively, from inflated prices during the Covid-19 …

nbcnews.com

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Used Car Prices Are Finally Going Down – What It Means For Auto …

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Jan 25, 2023 · Throughout 2022, wholesale prices dropped 15% while retail prices dipped by 8.8% as of this past December. The average used car went from the record high price of …

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Used-Vehicle Wholesale Prices Plunged, But Not Retail Prices; …

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Nov 7, 2022 · Used vehicle wholesale prices dropped by 2.2% in October from September, by 16% from the peak in December and January, and by 10.6% year-over-year, the first year …

wolfstreet.com

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Used Car Price Trends For 2025 (Updated Weekly) - CarEdge

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3 days ago · The overall car segment saw prices drop (-0.66%) this week, following a decrease of -0.44% last week. This week’s price drops are broad, ranging from full-size cars to compact …

caredge.com

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Used Car Price Drop Ahead As Wholesale Declines

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Sep 18, 2024 · Used car prices have been rising gently in recent weeks. The average used car was listed for $25,415 in July — $164 higher than June’s average. The average used car was …

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FAQs about Wholesale used car prices dropped again—what that means for … Coupon?

Can you buy a used car wholesale?

Every used car has two prices; the wholesale price, and the retail price. As consumers we typically concern ourselves with the retail price, and with good reason, unless you have a dealer’s license you can’t buy a car wholesale at an auction. ...

Are dealers paying less for used cars than a year ago?

The index tells us dealers are now paying 11.1% less for used cars than a year ago. When wholesale prices fall, retail prices fall — usually about six to eight weeks later. Price drops have taken a little longer than normal to appear on used car lots this year, but they are showing up at last. The average used car price dropped by $109 in June. ...

How does a decline in wholesale prices affect car prices?

A decline in wholesale prices usually foretells a drop in retail prices. The average used car sold for $27,246 in March, a third straight month of price reductions. Prices are still historically high – 14.1% higher than in April 2021. ...

What is the difference between retail and wholesale used car prices?

While retail used car prices increased ~36% in 2021, wholesale used car prices rose 52%. There is an obvious interplay between wholesale and retail prices. As wholesale prices increase, we can expect retail to prices to do the same. ...

What happens when wholesale prices fall?

When wholesale prices fall, retail prices fall in the ensuing weeks. This feature is powered by text-to-speech technology. Want to see it on more articles? Car dealers paid about 1% less for used cars at auction in the first half of July than they did in June. ...

Are wholesale used car prices the lifeblood of car dealers?

That being said, wholesale used car prices are the lifeblood of car dealers, and the used car price trends we saw on the wholesale side in 2021 were truly unfathomable. While retail used car prices increased ~36% in 2021, wholesale used car prices rose 52%. ...