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Ex-fleet car values decline in July

Overall wholesale prices declined last month, with values for ex-fleet cars stalling, latest figures from Manheim show.

Row of cars

Ex-fleet car values fell 3.9% to £9,822 in July

The wholesale market saw its average selling price drop by 3.4% month-on-month, but within that figure the luxury segment saw selling prices up by 6.5%.

Manheim added that the average wholesale selling price was largely affected by the 3.9% decrease in ex-fleet car values, which fell to £9,822. Decreases were seen in the selling prices for both ex-fleet diesel and petrol cars.

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.