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COVID-19 P&C Industry Update: Regulations, Telemedicine, Access to Care and Testing
June 11, 2020
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Current Used Vehicle Market Conditions: Q2 2024
Wholesale prices fell for the second consecutive month in May and continued to fall into mid-June, as the less-than-impressive 2024 Spring/tax season market came to an early close. Nevertheless, wholesale and retail used vehicle market conditions are amenable to a less dramatic ongoing decline in prices than seen last year, as much of the correction to historical patterns of depreciation, seasonality and price-spread versus new vehicles has already taken place.