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Home » Weekly Wrap: Descending used-vehicle values and an influx of funding

Weekly Wrap: Descending used-vehicle values and an influx of funding

Several auto lenders recently raised millions in investor funding and issued in the ABS market

Amanda HarrisbyAmanda Harris
August 9, 2021
in Risk Management
Reading Time: 9 mins read
0
Weekly Wrap: Descending used-vehicle values and an influx of funding

© Can Stock Photo / alinoubigh

The auto finance industry is poised for change as used-vehicle values declined for the second straight month following nearly a year of record increases. The July Manheim Used Vehicle Value Index fell to 195.2, down 2.59% from June but still up 23.54% from a year ago. The index peaked in May when it surpassed 200 […]

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