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Manheim Used Vehicle Value Index

Used-car SAAR at highest rate of 2018

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Article Highlights

  1. Thanks mostly to two fewer selling days, used-car retail sales last month declined an estimated 2 percent from April 2017 — but they’re pacing ahead of year-ago figures and reached the highest SAAR yet in 2018, according to Cox Automotive.
  2. The seasonally adjusted annualized rate of used-car sales was at 39.7 million, company analysts estimate in the latest Manheim Used Vehicle Value Index report from Cox.

Thanks mostly to two fewer selling days, used-car retail sales last month declined an estimated 2 percent from April 2017 — but they’re pacing ahead of year-ago figures and reached the highest SAAR yet in 2018, according to Cox Automotive.

The seasonally adjusted annualized rate of used-car sales was at 39.7 million, company analysts estimate in the latest Manheim Used Vehicle Value Index report from Cox.

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