This quarterly market insights report looks at trends across the dealer-used vehicle market in 2023, noting the key differences based on age and segment.
Used car supply is growing and the improved pipeline means second-hand prices are coming down.
The report reveals some key insights into the wholesale market from our Manheim business, which reopened its East Coast drive-through auction lanes in June this year. Sellers keen to remarket their fleet vehicles should know that overall prices are coming down here too, most significantly on newer vehicles.
Finally, we give our take on how the used market is shaped by what’s happening in the new vehicle sector.
We hope you find value in the latest report and, as always, we value any feedback.
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