Are used-vehicle prices finally decelerating? Find out this and how much of an impact used-vehicle prices are having on the rest of the market in this episode of State of the Fleet Industry.
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Survey: Car dealers are most optimistic when traffic is good, profits are strong, and when new and used vehicles prices are high.
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Demand has been healthy, inventories tight, and dealers have felt little pressure to lower prices.
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Commentary: A deluge in demand and a drought in supply are roiling the market.
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Automotive Fleet analyzes fleet purchasing inclinations, the variables impacting fleet costs, and skyrocketing resale values in this episode of State of the Fleet Industry.
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The average listing price surpassed the $22,000 mark for the first time ever in April, closing the month at a new high of $22,568.
Read More →Hear what fleet managers are saying about vehicle availability constraints, how their extending vehicle service lives, and the used-vehicle market in this episode of the State of the Fleet Industry.
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While prices bounce up during springtime, this year's qualify as a leap, an economist says.
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Wholesale used vehicle prices increased in the first 15 days of January compared to the month of December, bringing up the mid-month Manheim Used Vehicle Value Index.
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Wholesale used-vehicle prices decreased 0.59% month over month in December 2020, bringing the Manheim Used Vehicle Value Index to 161.1, a 14.2% gain from a year ago.
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