After having a big rise, wholesale price ranges of used cars are finally beginning to fall a little. It ought to moderate, or at least slow, rocketing retail used-car prices — what you are going to pay — which are up a lot more than 30% this year.
At the wholesale level, used car prices fell another $300 in June and therefore are right now more than $600 below their April peak for the year up to now, states Tom Kontos of Adesa’s consulting firm. Adesa itself is among the many of the country’s biggest wholesale sellers of used cars.