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Manheim Index Sees Wholesale Prices Drop for 5th Straight Month

Wholesale used vehicle values dropped for the fifth straight month, bringing the Manheim Used Vehicle Value Index to 120.7, down 2.4% from a year ago. Here’s a few points made by Manheim Consulting Chief Economist Tom Webb…

The August drop was less than each of the three prior months, and what’s next for adjustments in the next few months?…

How did certified pre-owned cars sales do in August, and what does the qualifying inventory look like?

With gasoline prices taking a climb in August, how were compact and midsize prices affected?…

To get a look at the entire Manheim Consulting market report for August, click here…

Sep 16, 2012tedroberts
KBB Market Intelligence Quick StatsKBB’s Market Report Studies How New and Used Sales are Getting Closer
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