ADESAs Tom Kontos says: Wholesale prices rose seasonally but fell annually in March, indicating a softening of the overall price trends environment compared to the last three Spring/tax seasons. Softening is to be expected as UV prices had risen to high levels relative to new vehicle prices.
Retail sales of used and certified pre-owned vehicles have been strong, providing demand support that prices from
Wholesale prices averaged $10,028, according to ADESA Analytical Services up 2.9% compared to February but down.
Used vehicle prices seemed to emulate patterns seen in new vehicle sales data fullsize pickup trucks and small SUVs and crossovers had.
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