Wholesale Fleet Vehicle Values Fall 1% in June

“Off-lease fleet vehicles sold in the wholesale market at auction fell 1% in value in June from the prior month but increased 7% from a year ago…Vehicles in high-volume fleet categories such as midsize sedans and midsize SUVs increased in value in the Kontos analysis or the broader market. Midsize sedans increased 4.2% to $11,921, while midsize SUV values increased 3.3% to $20,564. In the overall wholesale market, pickup trucks and sporty cars were the only cars that saw a monthly increase.”

Originally posted on Automotive Fleet