icon-branding Events Icon Created with Sketch. Inventory Icon Created with Sketch. icon-mail-hovericon-mail Marketing Icon Created with Sketch. icon-operationsicon-phone-hovericon-phone Product Training Icon Created with Sketch. Sales Icon Created with Sketch. Service Icon Created with Sketch. icon-social-fb-hovericon-social-fbicon-social-google-hovericon-social-googleicon-social-linkedin-hovericon-social-linkedinicon-social-rss-hovericon-social-rss icon-social-twitter Created with Sketch. icon-social-twitter-hovericon-social-twittericon-social-youtube-hovericon-social-youtube

News Coverage

2 Straight Months of Record Wholesale Prices; What’s Next?

Share

Facebook Share Tweet Linkedin Share Email Email

Auto Remarketing, Aug. 11, 2020 – This metric measuring wholesale used-car prices has now hit all-time highs for two straight months, as a near 6% sequential lift in wholesale values pushed the index to 158.0, according to parent company Cox Automotive.

That reading beats year-ago figures by 12.5% and is nearly nine points higher than the previous record of 149.3 set in June.

In an analysis accompanying the index, Cox Automotive indicated that there was a 5.84% gain in wholesale prices in July when compared to June, adjusting for mix, mileage and seasonality.

Read more.

Tariffs: Our Insights

The Cox Automotive Economic and Industry Insights team is closely monitoring tariff developments and regularly publishing insightful commentary and analysis as appropriate.

READ THE LATEST

Sign up here to receive bi-weekly updates on news and trends dominating the automotive industry.