Used Vehicle Prices Slow Downward Spiral in July
July drop of 1.6% indicates slowing wholesale price declines, reports Cox Automotive.
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July drop of 1.6% indicates slowing wholesale price declines, reports Cox Automotive.
Cox Automotive's Manheim Used Vehicle Value Index rose 1.6% in December compared with November.
As the semiconductor shortage slashes vehicle production, rental car companies are taking extreme measures to bolster their fleets. The businesses are buying used vehicles at auction.
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