Used Car Wholesale Prices Continue Plunge, Gave up 59% of Pandemic Spike. But still up 35%
Compact trucks +70% since Jan 2020; full-size pickups +39%, SUVs +30%, compact cars +20%. Auto insurance +44% since Jan 2022.
By Wolf Richter for WOLF STREET.
Used vehicle prices are in a historic downward spiral, unwinding the…