Hmmm, I may not have read all the links. On second look, it appears that the Quartz article is paywall protected and all I see of it is a relatively small excerpt, including the mentioned chart, along with a bunch of ads.Apparently you didn't read all the links. Manheim is also reporting price declines. Further, you are misunderstanding the data and price trends. In order for prices to fall, they first have to stop increasing, which is what that chart shows. Going from an increase of over 7% month over month, to no increase at all month over month, is a massive stall. Like the article said, prices are "rolling over."
Yeah being a dealer I just pulled MMR on 2018 Unlimited Sport S. Stayed steady in the mid $30,000 range July to August over a 100 transactions. So yeah just take the L on this one man. Used car prices are going to be high through the end of the year. Source, Manheim and being an actual dealerYour emotions mean nothing, nor does your anecdotal evidence. Manheim auctions ARE the data. You can choose to bury your head in the sand and act the fool, but it doesn't change reality.
Too bad your "data" doesn't actually show ANY downward trend in prices... blowhardYou offer nothing but hot air. You can't refute data with blowhard, as much as you want to.
Yeah being a dealer I just pulled MMR on 2018 Unlimited Sport S. Stayed steady in the mid $30,000 range July to August over a 100 transactions. So yeah just take the L on this one man. Used car prices are going to be high through the end of the year. Source, Manheim and being an actual dealer
Nice... nearly impossible to have a discourse with a person like you. I am amazed you are still allowed here given your proclivity to letting the unnecessary insults fly.It most certainly does. You're apparently too dense to read.
Cox Automotive owns Manheim and others.Bologna. I just posted that Manheim is reporting price declines. And here's another from Cox Automotive. Where's your data?
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 2.6% month-over-month in July. This brought the Manheim Used Vehicle Value Index to 195.2, a 23.6% increase from a year ago.
Manheim Market Report (MMR) prices saw weekly declines every week in July with price declines accelerating through mid-month