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Cox Automotive used car values up in May across wholesale and retail markets

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Cox Automotive’s wholesale and retail brands saw a year-on-year increase in sold volumes in May, with selling prices up across wholesale and retail markets.

Daren Wiseman, head of valuations at Cox Automotive UK, said: “We saw strong selling prices in the wholesale and retail markets last month.

“From a Manheim perspective, this was driven by a shift in stock profile, with a higher proportion of higher value, ex-fleet cars sold in May.

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