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Used Vehicle Values

Newsby News/Media ReleaseSeptember 23, 2024

Wholesale Used Vehicle Prices Ease in First Half of September

Lower than normal depreciation trends are driving the used wholesale vehicle industry so far this month.

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A bright shiny red Tesla 3 EV in a showroom.
Newsby News/Media ReleaseSeptember 16, 2024

Tesla Model Leads the Plunge in EV Used Prices

The Tesla Model 3, Kia Niro EV, Maserati Levante, Nissan Leaf, Hyundai Kona Electric, and Chevrolet Bolt saw the biggest used vehicle price drops over the past year

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Newsby News/Media ReleaseSeptember 10, 2024

Autoniq Integrates Sales Data With Auction Edge Pipeline

The expanded service provides auto dealers with faster access to pricing and market data when making informed wholesale buying and selling decisions.

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Newsby News/Media ReleaseSeptember 9, 2024

Wholesale Used-Vehicle Prices Increased in August

Sales conversion continued to rise and held at much higher levels than prior years for the month as more buyers came to markets to replenish supply for used retail inventory.

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Articlesby Martin RomjueAugust 26, 2024

Carvana CEO Survives to Tell a Comeback Tale

2024 ARA Summer Roundtable: Ernie Garcia recaps a rough two years as he leads the used retail and wholesale giant out of its darkest days.

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Computer with screen showing a used truck auction bidding website.
Newsby News/Media ReleaseAugust 20, 2024

Penske Used Trucks Launches New Auction Website

The site includes free third-party condition reports and a variety of bidding tools.

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Newsby News/Media ReleaseAugust 19, 2024

Wholesale Used-Vehicle Prices Up So Far in August

The industry overall is seeing a strengthening trend in wholesale used vehicle market values.

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Newsby News/Media ReleaseAugust 16, 2024

Sales Rise Lowers Used Vehicle Inventory

Retail used-vehicle prices have been consistently lower through the first seven months of 2024 compared to year-ago levels.

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A monthly chart that shows auction sales volume.
Newsby Staff and News ReportsAugust 9, 2024

July Auction Sales Up About 25% Compared to July 2023

2021 MY off-lease vehicles are flowing into the market but will ease for the rest of this year reflecting the slower sales and leasing pace of late 2021.

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Newsby News/Media ReleaseAugust 7, 2024

Wholesale Used Vehicle Prices Rise in July, But Still Down YOY

The market is starting to see lower lease maturities for the key 3-year-old segment, and those effects will be felt over the rest of this year and into 2025 and 2026.

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