Wholesale Used-Vehicle Prices Down 14% YOY in November
December 9, 2022
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) declined to 199.4, down 14.2% from a year ago, according to the Manheim Used Vehicle Value Index (MUVVI) released Dec. 7th.
This is the first time Cox Automotive's MUVVI has dropped below 200 since August 2021.
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