Used-vehicle values fall in March as tax season slow to kick off
April could bring another round of price increases as tax refunds bolster demand
Used-vehicle values continued to cool in March as tax refunds remained delayed and supply improved. The Manheim Used-Vehicle Value Index dropped to 223.5, a 3.3% month-over-month decline but an increase of 24.8% year over year. Values started to come down in February after five consecutive months of increases. Prices are expected to jump again in […]
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