According to the Manheim Used Vehicle Value Index for December and all of 2012, it was a good ending to a solid year. The Index rose 1.2% over November, and was down 0.8% year over year. While it was down, there was a strong upward rally in the fourth quarter.
New vehicles had a great month, coming in at 15.4 million SAAR – this was fueled by pent-up demand, targeted incentives, and by…
Used vehicles also had a great year, topping 40 million units sold, which came from faster inventory turns, operating efficiencies, and…
Midsize cars had the largest wholesale price increase by category, and this came from ongoing demand shifts in the retail market and…
Click here for more details on how the Index performed during the month and what’s expected to come next…