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Home » Used-vehicle prices remain seasonally strong

Used-vehicle prices remain seasonally strong

Amanda HarrisbyAmanda Harris
November 17, 2020
in Risk Management
Reading Time: 1 min read
0
Fear of an impending car-price collapse grips auto industry

Photographer: Bloomberg/Bloomberg

Used-car prices have again increased as the industry enters the holiday season. The mid-November, seasonally adjusted Manheim Used Vehicle Value Index sits at 162.5, a 16.9% year-over-year increase and a 0.3% increase from October. Used-vehicle inventory also continues to improve, with used retail and wholesale supply increasing to 47 and 25 days, respectively, compared to […]

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Tags: covid19inventoryManheim used vehicle valuesPremiumused vehicle prices
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