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Big Wheels: Used-vehicle values decline 4%

Retention values on 3-year-old cars dipped

Amanda Harris

Used-vehicle values continued to fall in October as retail sales ticked down and inventory tightened.   The Manheim Used-Vehicle Value Index decreased 2.3% month over month and 4% year over year to 209.4 in October. The index has been declining for much of this year following spikes last year amid supply shortages.   All major market segments […]

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