Wholesale vehicle prices have dropped 6.4% since the January record.
A sign advertises cash paid for used cars in Alhambra, California on January 12, 2022.DETROIT – Wholesale used-vehicle prices have notably fallen from a record high, set in January, signaling the worst of sky-high prices related tothat its Manheim Used Vehicle Value Index, which tracks prices of used vehicles sold at its U.S. wholesale auctions, declined 1% in April from March – marking the third straight month of declines from the first month of the year.
"We clearly have returned to vehicles depreciating again. That's a good news story for both inflation and for consumers looking to buy a vehicle," Jonathan Smoke, chief economist at Cox Automotive told CNBC.The drop-off in pricing comes as Manheim estimates used retail sales declined 13% in April from March, suggesting demand is easing amid the record-high prices.
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Used Volkswagen Polo 1.8T GTI 5dr for sale1 Owner FSH Sunroof AC RPDC-Welcome to A A Car Sales where we are extremely proud to be able to present to you this amazing condition one owner from new VW Polo GTi with a great specification from factory such as but not limited to sunroof, air conditioning, rear park distance control, 16'' alloy wheels, metallic paint, tartan cloth sport seats plus much more besides. This car is complemented with a full service history with every receipt and MOT from new as follows 1881, 4202, 5339, 6347, 7259, 7591, 7614(Cambelt kit), 8200, 8764, 9188, 9591, 9992 & 10246 miles. We have many types of finance options available to suit every circumstance, please feel free to enquire with your sales person who will be happy to discuss these with you. We have HPI checked this car for your peace of mind. We welcome and will consider all types of part exchanges from cars, to motorbikes, boats, outboards, trailers, caravans, motorhomes, watches anything that has a value. We look forward to hearing from you, any questions or queries happily answered :-) As from the 01/12/2021 a ?99 admin fee will be added to the price of the vehicle. The admin fee will cover the cover the cost of a used car inspection, MOT(if under 6 months remaining) Interior & Exterior Valet, provision of a 30 day warranty & processing of all paperwork and supply of a up to date HPI report with certificate upon the customers request. Also with this membership fee it will entitle the customer to discounts on extended warranties with Auto Protect for 3/6/12/24 & 36 Months. For more photos and to apply for finance please visit www.aacarsales.co.uk Features: Air-Conditioning (Automatic), Alarm, Alloy Wheels (16in), Computer (Driver Information System), Electric Windows (Front/Rear), In Car Entertainment (Radio/CD/MP3), Electric Glass Sunroof, Metallic Paint, Parking Sensor - Rear, Air-Conditioning - Climate Control ilo Climatic 1.8T GTI 5dr
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