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Home » Used-vehicle values decline 8.9% 

Used-vehicle values decline 8.9% 

Manheim Used Vehicle Value Index landed at 196.1 

James Van BramerbyJames Van Bramer
September 18, 2024
in Risk Management
Reading Time: 4 mins read
0
Vehicles for sale outside a Chevrolet dealership in the Queens borough of New York, U.S., on Thursday, July 15, 2021. Soaring used-car prices accounted for more than one-third of the recent increase in the consumer price index, which in June rose at the fastest rate in 13 years. Photographer: Bess Adler/Bloomberg

Photographer: Bess Adler/Bloomberg

Wholesale used-vehicle values declined month over month and year over year in June as sales outpaced the volumes of a year ago. The Manheim Used Vehicle Value Index fell to 196.1 in June, a decline of 0.6% MoM and 8.9% YoY, according to Cox Automotive. . Used-vehicle values dipped for the third month in a […]

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