The Used Car Report - December
At Manheim, we’re in a great position to see current wholesale used car market trends thanks to the thousands of cars that are auctioned through our lanes every month. We want to share this knowledge with dealers so you can gain a better understanding of the current market, and make smarter decisions.
There were high levels of competition for wholesale vehicles in December, driven by dealers’ optimism about consumer demand in the first quarter of 2019. As dealers increasingly shifted their focus to the buoyant used car market during 2018, Manheim results for December showed a year-on-year increase in average vehicle values.
For more information check out the full infographic below, and read Cox Automotive’s Monthly Market Report.