Used-vehicle prices jump 54% YoY in April

The Manheim Used Vehicle Value Index hit a record of 194.0

Photographer: Bloomberg/Bloomberg

The swift rise of used-vehicle prices that has marked the industry for more than a year is likely to continue, as prices once again jumped in April to bring the Manheim Used Vehicle Value Index to a new record of 194.0, a 54.3% year-over-year increase. The index logged an 8.3% increase from last month's 179.2, […]

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