Wholesale vehicle prices perhaps headed toward smoother waters after choppy ride in ’23
Auto Remarketing
DECEMBER 8, 2023
A topsy-turvy ride at the county fair or an amusement park might be fun, but when it comes to used-vehicle prices, such ups and downs can wreak havoc for dealers, auctions, remarketers, forecasters and more. Good thing for the auto industry is that signs point to “less of a roller coaster in the new year,” according to Cox Automotive. The company’s Manheim Used Vehicle Value Index released Thursday shows that wholesale values (when adjusting for mix, mileage and seasonality) fell 2.1% month-over
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