• Wholesale Prices Softening Despite YOY Increase in June, Kontos Says

    4 monthes ago - By Auto Rental News

    Average wholesale prices in June were down vs. June but up vs. a year ago. A drill down into the data, however, reveals price softening on a year-over-year basis when accounting for sales type, vehicle age, model class, and mileage, KAR Chief Economist Tom Kontos said today. According to ADESA Analytical Services' monthly analysis of wholesale used-vehicle prices, the average wholesale price for a used vehicle in June was $11,067, down 0.7% from May but up 4.7% from a year ago. "Compact and fullsize pickup trucks and minivans show significant average price gains for the month, while most...
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