Manheim’s chief economist Tom Webb says that October auction prices were up for older used vehicles, but late-model prices were flat to down. The weak demand for late-model used vehicles offset the price potential of fewer off-lease units.
Manheim’s chief economist Tom Webb says that October auction prices were up for older used vehicles, but late-model prices were flat to down. The weak demand for late-model used vehicles offset the price potential of fewer off-lease units.