Auction sales volume down 33% through April
Monday, May. 16, 2022, 04:40 PM
Not only is it challenging for dealers to find used-car supply, the number of competitors vying for that supply in the auction lanes has increased.
According to the latest Wholesale Market Update from J.D. Power Valuation Services, there have been 1.37 million wholesale auction sales of vehicles up to 8 years old through four months of the year.
That’s down from …