However, they’re still around 33 percent higher than they were before the pandemic at the end of 2019 January 14, 2024 at 16:04 The wholesale value of secondhand vehicles was down 7.0 percent at the end of 2023, which was a sharper decline than analysts predicted. That means that used vehicle prices are down nearly 21 percent, as compared to their pandemic peak in December 2021. The final two weeks of 2023, in particular, saw above-average declines in the three-year-old used vehicle market, and over the course of December, average prices dropped by 1.4 percent. By comparison, before the pandemic…