Big Wheels: Exponential Used Vehicle Index declines 11%
Values continue to outpace pre-pandemic levels
Used-vehicle values continue to trend downward from 2022’s peak levels but are outpacing pre-pandemic levels. Used-car values remained unchanged from last month but are down 10.8% year over year, according to the Exponential Used Vehicle Index, which measures wholesale used-vehicle values adjusting for differences in models and mileage. The index, updated weekly, was at 140.74 […]
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