Used auto prices drop sequentially in July by 3.2%: Manheim
Used car prices in July fell 3.2% from June but remained 10.2% higher compared to the same period last year, according to auction house Manheim’s monthly market report.
The Manheim Used Vehicle Value Index declined to 219.6, up 12.5% from a year ago but showing a gradual decline after reaching a January peak of 236.3,
Uncover exclusive insights tailored for insurance leaders
- Stay Informed: Access exclusive industry insights
- Gain a competitive advantage: Hear first about tactical developments
- Make better decisions: Understand market dynamics in crucial lines of business