Retail used-vehicle sales have also increased for five consecutive weeks, and that should keep dealer demand for wholesale units elevated in the coming weeks.
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But used EV sales demonstrated slower, steady growth, remaining a small part of the market.
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Electric vehicle sales also mark another record in Q3, thanks to higher incentives and more choices.
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All major vehicle market segments experienced seasonally adjusted prices that were down year over year in September, although declines in recent months have slowed.
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Experian becomes the exclusive provider of electric vehicle data to The EVs for Everyone Podcast.
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Lower than normal depreciation trends are driving the used wholesale vehicle industry so far this month.
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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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ARA Summer Roundtable: An automotive expert and forecaster balances the timelines of innovations that will eventually produce better market data and efficiency tools for the vehicle remarketing sector.
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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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Fleet operators who run both types of vehicles are more satisfied with electric vehicles despite higher costs, a study shows.
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