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Wholesale Used-Vehicle Values Fall as Cox Automotive Cuts 2026 Forecast
Wholesale used-vehicle prices declined in September as depreciation accelerated, prompting Cox Automotive to lower its year-end forecast.
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SEARCHMENUSEARCHWholesale used-vehicle prices declined in September as depreciation accelerated, prompting Cox Automotive to lower its year-end forecast.
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The market is seeing stronger appreciation in older used vehicles this year, and the most affordable segments have been among the year’s best performers.
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The fleet sector has boosted its vehicle purchases at a reliable pace in the first half of this year compared with 1H 2025.
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The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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Trends continue to normalize after a strong start to the year, as consumers contend with higher gas prices in the coming summer months.
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The U.S. economy's continued growth and positive business investment are creating a favorable environment for fleet vehicle demand.
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A vehicle health score could improve the value of fleet vehicles at remarketing. The path to a universal standard is forming, and fleets that understand the process early will be better positioned when it arrives.
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The Iranian conflict and rising gas prices inject much uncertainty into the future wholesale used vehicle markets, as higher gas prices soak up spendable income from vehicle buyers.
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James McKinley of City Rent a Truck was named the inaugural Fleet Value Champion at the CAR Conference for his data-driven approach to fleet lifecycle management and vehicle remarketing.
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Eric Autenrieth was recognized at this year's CAR Conference as the Remarketer of the Year.
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Lawrence Knapp won the Cosigner of the Year award at this year's CAR Conference.
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