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Manheim Used Vehicle Index hits another record high in September

Inventory levels expected to normalize by the end of the year

Whitney McDonald

The Manheim Used Vehicle Value Index hit a record high in September after three months of declines, landing at 204.8, only the second time the index has surpassed 200 in its 26-year history. The index’s increase marked a 27.1% year-over-year gain and 5.2% sequential gain. Used-vehicle values have been cooling for the past three months […]

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