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Wholesale Used-Vehicle Prices Down 14.2% in November YOY
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Auto Rental News
Used Retail Sales Estimates Declined in NovemberLeveraging a same-store set of dealerships selected to represent the country from Dealertrack, Manheim estimates that used retail sales declined 1% in November from October and that used retail sales were down 10% year over year.
Rental Risk Prices Mixed in NovemberThe average price for rental risk units sold at auction in November was up 0.6% year over year.
Most of the index decline was driven by a 3.2% decline in views of future expectations.
The Michigan index declined 5%, driven primarily by the views of current conditions declining 10%, while the expectations index was down only 1%.
The national average price was $3.47 per gallon for unleaded gas at the end of November, according to AAA.
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