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Big Wheels: Exponential Used Vehicle Index declines 11%

Values continue to outpace pre-pandemic levels

James Van Bramer

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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