May’s CPO sales result is the lowest since February, also down over 22% from May 2021.
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Despite the interest in EVs, cost remains a critical barrier for fleet managers, particularly the larger upfront costs known to deter EV adoption.
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The average listing price reached $25,500 as July closed, after surpassing the $25,000 mark for the first time ever in June.
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Manheim made its first digital sale a little over 20 years ago. Over the past 20 years, the company's digital sales have grown from fewer than 100 annual digital sales to over 600,000.
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