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Used Vehicle Prices Climb Higher As Sales Pace Slows
The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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SEARCHMENUSEARCHThe higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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Wholesale appreciation trends have been more volatile over Q2 as tariffs affected new sales and supply, and the used marketplace.
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Recruitment, retention, and remarkable service aren’t just HR buzzwords; they can spur revenue growth for a business operation.
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Every strong business practice in-person must correspond with a digital version for online vehicle buyers.
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The electric vehicle market looked like a grab bag of trends as industry pressures and market dynamics shift.
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A mixed sales bag included gains at dealer auctions from trade-ins, a spike in used EV sales, and a spurt in 1–2-year-old vehicles from rental fleets.
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The key metrics of the used vehicle market are either slightly down or barely up, but affordability remains a challenge.
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The provider’s patented approach has found a direct and useful way to communicate the level of vehicle privacy with consumers for specific vehicles.
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Doubts, disputes, and different views on the quality and state of auctioned vehicles and returned rental cars will recede as more data brings greater clarity.
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However, new-vehicle sales slowed notably in May, falling to 15.6 million from 17.3 million in April.
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While the market digests the impact of tariffs, it could see slightly higher levels of wholesale depreciation over the summer.
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