Used auto prices drop sequentially in July by 3.2%: Manheim
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Used auto prices drop sequentially in July by 3.2%: Manheim

New cars parking at dealership

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,

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