June used-vehicle values reach record high amid pandemic | Auto Finance News | Auto Finance News

June used-vehicle values reach record high amid pandemic

© Can Stock Photo / welcomia

Used-vehicle values have climbed to a record high in June from a historic plunge in April, according to Manheim’s monthly used-vehicle value index, which rose to 149.3 in June, a 6.3% increase from the prior year and an 8.95% month-over-month increase.  The used-retail SAAR also saw improvements, reaching 18.9 million in June, up 2.2 million month over month from May’s rate but down from 21.0 […]

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