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Home » Used-vehicle values drop 14% YoY

Used-vehicle values drop 14% YoY

The Manheim Used Vehicle Value Index dipped below 200 for first time since August 2021

Riley WolfbauerbyRiley Wolfbauer
December 7, 2022
in Risk Management
Reading Time: 3 mins read
0
Used-vehicle values drop 14% YoY

© Can Stock Photo / Apriori

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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Tags: Black Bookconsumer confidenceCox AutomotiveManheim used vehicle valuesPremiumused vehicle salesUsed-vehicle values
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