Galves Auto Price List
Second half of June saw declining demand for used vehicles, beyond the usual summer softening; Exceptional vehicles are still getting premium prices, but requirements to join that club have escalated; Dealers reporting lack of floor traffic, so there’s little need for fresh inventory.
Very Late Model Vehicles in General Have Been Hard Hit:
Had been high demand in recent months and prices had held up well until recently.
Japanese Manufacturer New Vehicle Inventory Has Recently Normalized:
Late model used that had been unusually strong are fast on their way to becoming unusually weak.
European and Asian Luxury Vehicles also Impacted:
Lexus LX570s, Lexus RX series, and Mercedes GL series have taken big hits of late.