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Used-vehicle values continue sequential dip

Manheim Used Vehicle Value Index fell 2.7% MoM in May

Amanda Harris

Used-vehicle values continued their downward slide in May as used-car retail sales held steady sequentially but lagged last year’s levels.   The Manheim Used Vehicle Value Index dipped 2.7% month over month and fell 7.6% year over year to 224.5 in May, in part due to seasonal adjustments, according to Cox Automotive. On a non-seasonally […]

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