Wholesale prices are moving downward at last

Wholesale prices are moving downward at last.
Value guide Black Book the largest number of average daily adjustments since the week ending March 19, when the count was 2237 per day. At 1826 average per day the week of June 21, this was 169 percent greater than the prior week of 1083.The changes in value were evenly split between decliners and advancers. The half that advanced rose by an average of $106. The downward changes were greater, so the overall change in the adjustments came in at just less than $10 lower. This is an improvement over the previous week decline of $29.All 10 car segments

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CPI Rises for Used Cars

CPI Rises for Used Cars
The Consumer Price Index for All Urban Consumers declined 0.2 percent in May on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported. Over the last 12 months, the index increased 2.0 percent before seasonal adjustment.

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How Will Mercury Discontinuation Impact Used Values?

Ford's decision to stop producing Mercury vehicles and wind down the 71-year-old brand marks the end of an era for the automaker, but don't expect too much change on the used-vehicle value front for the Mercury brand.


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