August marks third month of decline in used-vehicle values
Used-vehicle prices will likely increase in the coming weeks
Used-vehicle values declined for the third straight month in August, bringing the Manheim Used Vehicle Value Index to 194.5, a decrease of 0.4% from July but still 18.8% above last year’s values. After peaking in May, the index gradually fell while used-vehicle inventory improved. Used-retail supply ended August at 40 days compared to 39 days […]
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