LAS VEGAS — Used-vehicle values may drop in 2026 as affordability concerns weaken consumer confidence and wholesale values fluctuate. Used-car prices are expected to decline 4% year over year in 2026, Jonathan Banks, vice president of retailing product portfolio at J.D. Power, said at J.D. Power Auto Summit 2026 on Feb. 3. By comparison, used-vehicle values rose 2% YoY in 2025, according to the presentation. Sustained affordability concerns are hurting […]
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