AuctionNet wholesale auction sales grew substantially in July, rising by more than 9% compared to July 2024, according to recently released numbers.

Sales were also about 9% higher than in June 2025. July is typically a strong month for auction sales, and this year was little different, as the month’s year-over-year improvement was the third highest so far this year. July 2024 and 2025 had the same number of selling days. 

AuctionNet sales grew by just over 6% over the first seven months of the year versus 2024 (selling day adjusted).

Dealer sales improved by 9% compared to last July, while commercial sales were up nearly 12%.

Sales of units up to 2-years-old grew by 21% year-over-year, while sales of 3-year-old units were 17% lower than last year. 

Repossession volume remains elevated, as commercial sales of units 7+ years old were nearly 25% higher than last July. Year-to-date, unit sales for the group are 16% higher than over the first seven months of 2024.

Overall car sales continued to fall, dropping 4% on a year-on-year basis. Conversely, utility sales remained on the upswing, rising 7% for mainstream units and nearly 9% for luxury units. Pickup sales also moved higher, rising 3% compared to last July. 

Sales of electric vehicles up to 5-years-old at AuctionNet auctions grew nearly 48% year-over-year in July, rising from 8,200 units in July 2024 to 12,100 last month. 

EV sales of all ages exceeded 14,000 units last month, which is the second highest figure recorded to-date (behind April’s 15,600 unit performance).

Wholesale prices fell 1.6% month-over-month in July, which is well above (i.e., better) than the 3.2% average decline recorded in the three years prior. 

The relatively low rate of depreciation observed year-to-date means that prices continue to trend higher than they were last year, with prices in July 6.5% stronger than in July 2024.

Monthly AuctionNet data is derived from 265 National Auto Auction Association member auctions that use AuctionNet, and is considered the most comprehensive source of wholesale auto auction sales data in the U.S.