If you’ve taken older cars on trade and don’t want to retail them, the current wholesale market looks like fertile ground for those units.
While highlighting the overall wholesale market generated a 0.17% price increase last week, Black Book pointed out values for 8-to 16-year-old cars rose 0.14%.
Furthermore, the newest installment of Market Insights showed midsize cars 8 to 16 years old generated an even higher value gain of 0.44%.
“Signs of recovery in the wholesale market are emerging in mid-March, marked by a solid auction conversion rate and encouraging trends in both car and truck segments. A modest