Big Wheels: Used-vehicle values decrease 2% in July
Used-vehicle sales improved during the month
Wholesale used-vehicle values declined on a month-over-month basis for the fourth straight month in July following value increases through the first quarter. The Manheim Used Vehicle Value Index ticked down 1.6% MoM and 11.6% year over year to 211.7 in July, marking the lowest index value since April 2021, according to Cox Automotive. The first […]
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