Used car prices are surging again: Wholesale used vehicle prices rose +2.4% MoM and +2.4% YoY in January, to the highest since September 2023. This is well above the long-term average monthly decline of -0.2%. Non-EVs led the increase at +2.2% YoY, followed by luxury at +1.6% https://t.co/FJ0Z3EuJs6