Wholesale Used-Vehicle Prices Decrease in First Half of May
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) declined from April in the first 15 days of May. The mid-month Manheim Used Vehicle Value Index fell to 205.9, showing a rise of 4.4% from the full month of May 2024. The seasonal adjustment lowered the reading of the index for the month, … Continued