The Manheim Used Vehicle Value Index hit 124.3 in November, up 5.9% over last year. Those numbers prompted economist Tom Webb to express skepticism over the concept of a ceiling on used-car prices caused by trends in the new-vehicle market.
The Manheim Used Vehicle Value Index hit 124.3 in November, up 5.9% over last year. Those numbers prompted economist Tom Webb to express skepticism over the concept of a ceiling on used-car prices caused by trends in the new-vehicle market.