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Story summary
- Used vehicle prices in Detroit are expected to rise by 2% in 2026, as reported by Cox Automotive.
- This increase follows stability after significant declines in 2023 and 2022.
- The Manheim Used Vehicle Value Index recorded a 0.1% month-over-month increase in December 2025, with luxury vehicles performing better than others.
- Cox Automotive's interim chief economist, Jeremy Robb, indicated that lower auto loan rates and upcoming tax refunds may increase demand.
- Used vehicle sales are projected to decline by 0.9% to 38.3 million in 2026.
