Wholesale prices dip 0.9% in August while inventory levels drop

On the Dash: Older, lower-priced used vehicles are holding their value better as consumers seek more affordable transportation. Retail used vehicle supply tightened to 44 days at the end of August, supporting continued wholesale demand. EV wholesale values remain above year-ago levels despite recent declines, while non-EV values have fallen below 2025 levels. The Manheim Used Vehicle Value Index reached 208.2 in August. When adjusted for factors such as vehicle mix, mileage, and seasonal trends, wholesale prices increased by 0.4% year over year. However, prices fell by 0.9% compared to July, which contrasts with the typical expected increase of 0.5% in August. Non-adjusted prices rose 0.2% year over year but…

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