Prices didn’t collapse, but the market became more normal: more cars showed up on dealer lots, prices moved in smaller steps, and timing mattered again.

Car dealers paid about 1% less for used cars at auction in the first half of July than they did in June. That’s news, mainly because wholesale prices were already down more than 10% in June from where ...

The Manheim Used Vehicle Value Index climbed 6.3% year-over-year and was up 1.6% month-over-month on a seasonally adjusted basis. While non-seasonally adjusted prices dipped 1.1% from May, they ...

PHOENIX--(BUSINESS WIRE)-- ADESA, a leader in wholesale auto auctions and subsidiary of leading online auto retailer Carvana (NYSE: CVNA), today announced new milestones in the expansion of its ...

ADESA Clear to add Selection, Features, and Geographic Reach in 2025 PHOENIX--(BUSINESS WIRE)-- ADESA, a leader in wholesale auto, today announced plans for the continued expansion and development of ...

PHOENIX--(BUSINESS WIRE)--ADESA, a leader in wholesale auto, today announced plans for the continued expansion and development of its new, proprietary online auction product, ADESA Clear. ADESA, which ...

Even before its purchase of ADESA’s U.S. auctions in 2022, Carvana was already a major player in the wholesale auto industry as both one of the largest buyers and largest sellers in the space. So, the ...

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Car City Wholesale sells used imported and domestic vehicles from brands like Acura, Cadillac, Chevrolet, Dodge, GMC and Jaguar. The company also performs brake services, diagnostic checks, oil ...

The wholesale used-car market is still recovering from the plunge in new-vehicle sales during the pandemic, say industry experts. Auction volumes are rising steadily though. But while auction volumes ...

Wholesale used-vehicle prices were down in June compared to May after adjusting for mix, mileage, and seasonality. The Manheim Used Vehicle Value Index fell 8.9% year-over year to 196.1. The seasonal ...

The wholesale prices used car dealers pay at auction for the used cars that fill their lots declined in May. Wholesale price changes usually become retail price changes after six to eight weeks. So, ...