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Used-vehicle values fall YoY for 2nd straight month

Values have been dropping since May

Riley Wolfbauer

Used-vehicle values plummeted year over year in October in tandem with used-retail sales and consumer confidence.  The Manheim Used Vehicle Value Index declined 2.2% month over month and 10.6% YoY to 200 in October. The index has now declined 15.4% since it peaked at 236.3 in January.   This marks the fifth consecutive MoM drop […]

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