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January brings pricier used cars, improved consumer confidence

The Manheim Used Vehicle Value Index increased in January

Amanda Harris

Used-vehicle values have remained resilient into 2021, but consumer confidence has struggled to reach normative levels amid the pandemic, according to fresh data. Used-car prices increased 1.2% month over month in January, bringing the Manheim Used Vehicle Value Index to 163.0, a 15.1% increase from the same period in 2020. For several months, used-car prices […]

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