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Still waiting for used-vehicle prices to fall?

Not yet, according to the Manheim Used Vehicle Value Index, whose August reading of 126.9 was the index’s fourth highest ever. The index started at 100 in January 1995 and is adjusted for vehicle mix, mileage and time of year.

Used-vehicle prices were expected to drop more precipitously this year because of the increased supply of off-lease vehicles. But that hasn’t happened.
 



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Used Car Prices Remain Strong Despite Increased Supply Of Off-Lease Vehicles

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