Used-vehicle values decline 3.9% year over year
Retail used-vehicle inventory ended at 38 days’ supply, down 8 days
Wholesale used-vehicle values increased month over month but are down from a year ago amid strong sales and tight supply. The Manheim Used Vehicle Value Index declined 3.9% year over year but rose 1.2% MoM to 203.9, according to Cox Automotive, which publishes the report. On the retail side, inventory has tightened but sales […]
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