The 2026 Conference of Automotive Remarketing convened with a mandate to involve a new constituency — fleet managers — and an updated mission to demonstrate unrealized value in de-fleeted vehicles.
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All major market vehicle segments saw seasonally adjusted prices that were lower year over year in the first half of June.
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The average price likely will stay relatively high since few new vehicles have been sold in recent years, and little leasing was done.
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Clients will also see a cleaner interface and more trustworthy estimated retail values.
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Conditions have shifted to favoring buyers, but with tight supply, the market is not far from being balanced between buyers and sellers.
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A widespread auction data report points to the key question of: will the overall upside market last?
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Mid-Month Update: The Manheim Used Vehicle Value Index was down 7% compared to the full month of May 2022.
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Finding the right product at the right price is more challenging for used vehicle buyers today, amid higher interest rates and recession fears.
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The average price likely will stay relatively high since few new vehicles were sold in recent years and little leasing was done.
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CAR 2023: What will be the foundations of a steady and productive used market for electric vehicles? What steps must be taken to ensure a viable EV sector?
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Conditions have shifted to favoring buyers; but with tight supply, the market is close to a balance between buyers and sellers.
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