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Axios Closer

Wholesale used vehicle prices jump as inventory drops

A line chart that shows U.S. average wholesale used-vehicle prices by month from January 2020 to March 2026. Prices fell to a low of $12,724 in April 2020, climbed to a peak of $22,902 in May 2022, then eased before rising again to $20,102 in March 2026.

U.S. average wholesale prices for used vehicles

Data: Manheim Used Vehicle Value Index; Note: Not seasonally adjusted; Chart: Nathan Bomey/Axios

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