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October used-vehicle values climb

Joey Pizzolato

The Manheim used-vehicle value index resumed its upward trajectory in October, rising to 161.9, a 0.47% month-over-month increase and 15.4% year-over-year increase on a seasonally adjusted basis. The index shows seasonal strength, according to Manheim. Non-seasonal adjusted monthly change was down 1.9%, “more in line with what we have been seeing in weekly price trends. […]

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