Used-vehicle values crash to 3-year low
Wholesale used-vehicle values in April were unable to bounce back from Manheim’s first mid-month progress report, falling 11.4% from March. As such, the used-vehicle value index clocked in at 125.8, its lowest level in three years and a 9.2% year-over-year decrease. In fact, all major segments saw seasonally adjusted depreciations, the report noted, with luxury […]
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