Wholesale Used-Vehicle Prices See Smaller Decline in October
All eight major market segments saw seasonally adjusted prices that were lower year over year in October.
All eight major market segments saw seasonally adjusted prices that were lower year over year in October.
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The slowing economy has driven average vehicle sale and floor prices past a turning point compared to last year.
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The Audi A3, Q4 e-tron, and Q4 e-tron Sportback all captured the highest safety accolades from the Insurance Institute for Highway Safety.
All eight major market segments saw seasonally adjusted prices that were lower year over year in the first half of October.
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The recently discontinued Trax will be reborn as a completely redesigned model.
Only three of eight major market segments saw seasonally adjusted prices that were higher year over year in September. The full-year Manheim Used Vehicle Value Index forecast is expected to finish the year down nearly 14% YOY, up from the second quarter’s revised forecast of a 6% decline.
The new MSRP of $53,769 comes after another price hike in August. Ford will honor prices for commercial and government order holders at the previous price points.
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