Experts Forecast Increase in Wholesale Vehicle Values

2005 Ford Escape Limited

A group of resid­ual experts par­tic­i­pat­ing in a pan­el dis­cus­sion at the Con­fer­ence of Auto­mo­tive Remar­ket­ing offered their insight into whole­sale prices and resid­ual val­ues for 2007. They pre­dict­ed the sup­ply of used cars will increase fair­ly sig­nif­i­cant­ly. As man­u­fac­tur­ers reduce their fleet vol­umes, the val­ues of one- and two-year-old domes­tic cars are ris­ing while hybrids are soft­er now than in the past.