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Used Vehicle Sales Fall 3% in June

Year-over-year, the used vehicle industry sold about 3% fewer vehicles in June.

The used industry's seasonally adjusted annual rate (SAAR) was 39.8 million during June, down from the 41.1 million SAAR from the same time last year, according to Cox Automotive estimates.

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Depreciation Continues to Follow Seasonal Trend

Overall truck values remained largely the same week-over-week. Two vehicle segments — subcompact...

Wholesale vehicle depreciation continued to accelerate last week, a trend that is expected to continue for the next few weeks, as seasonal patterns take hold, according to Black Book's July 8 Market Insights report.