Following analysts' predictions as used supply
continued to tighten this spring and early summer, the updated ADESA Canada Used
Vehicle Price Index powered by ALG showed a slight rise in June after being
adjusted for seasonality.
Along with discussing the latest Manheim Used
Vehicle Value Index, economist Tom Webb highlighted why he doesn’t expect a
significant drop-off in wholesale prices during the second half of the year.
In April, Ford dominated the list of most-researched used vehicles at KBB.com,
claiming eight of the 25 spots. But in May, however, things were a little more
balanced between the various brands making the list.