Wholesale Used Car Prices Jump So Far In June

The cost of used cars could be increasing in the future, if wholesale used car prices are any indication of what’s to come. At a time when many consumers are feeling stretched thin in every area of their finances, including vehicles, this isn’t welcome news.

Find out which used cars lose the most value.

For the first half of June 2025, the Manheim Used Vehicle Index Value jumped 1.7 percent, which doesn’t seem like a lot. But when you compare it to the year-over-year amount, it’s a 6.5 percent increase.

That doesn’t mean the price you’re paying for a used vehicle is necessarily going up anytime soon. Instead, these numbers are what dealers have been paying at wholesale. It can affect retail prices, but it’s not a one-to-one relationship.

While retail used car sales are staying about the same, despite many predictions that by this time they would change drastically, there could be trouble on the horizon. Wholesale vehicle supply is still pretty thin at around 25 days.  

As we’ve covered before, newer used car supplies are also not plentiful, thanks in part to low production of new cars during the covid lockdowns and shortages.

Some people have relaxed a little on the economy after the sky didn’t fall with the tariffs situation. That doesn’t mean we’re out of the woods, thanks to a number of potential pitfalls, including geopolitical situations.

With the Federal Reserve keeping interesting rates steady, we suspect a lot of people are just going to hold onto the vehicle they already have and ride things out until rates drop again. Considering how much more you pay not only a month but overall on a car loan with even just a slightly higher rate, we can’t blame them.

Source: CBT News

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