In the current environment, 1% weekly moves in the wholesale EV market are quite common (50% frequency in 2024) but this week's 2.2% decline is a bit more of a rarity as the last 2%+ weekly decline was in back in Jan-2023. YTD used vehicle wholesale market prices are up ~1% while the EV market is down ~10%. https://lnkd.in/g6b8zBTR
For the interactive Exponential Markets used vehicle indices, please visit: https://lnkd.in/gnWH8_-E