Used-vehicle values drop 14% YoY
The Manheim Used Vehicle Value Index dipped below 200 for first time since August 2021
Used-vehicle values declined 14.2% year over year in November, marking the third consecutive month of YoY decreases as values continue to normalize while used-retail sales slow and consumer confidence dips. The Manheim Used Vehicle Value Index fell 0.3% month over month to 199.4 in November, marking the first time since August 2021 that the index […]
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