MSNBC Jose Diaz-Balart Reports June 4, 2024 15:56:00
Largest drop since the beginning of the pandemic last month. but that doesn't mean prices are falling as fast as many people would like. joining us now with more is dominic chu. what should we be taking away from this? >> the takeaway is that car prices are falling but don't expect to see massive sale prices or cuts anytime soon. that wholesale used vehicle index posted a 4.2% drop between may and june. that's the third straight month of price drops and one of the biggest on record according to cox. it's also about 10% below where it was the same time last week. that's the good news but we are...