Used-vehicle values inched up in December as prices increased for luxury cars and electric vehicles, offsetting drops across most segments. The Manheim Used Vehicle Value Index came in at 205.5, up 0.4% year over year and 0.1% month over month, according to Cox Automotive. The sequential “modest increase was driven entirely by the seasonal adjustment factor,” Jeremy Robb, interim chief economist at Cox Auto, said during the company’s fourth-quarter index call […]
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