As Used Car Prices Drop at Higher Rates, These Vehicle Types Have Retained Their Value

If you’re in the market for a used vehicle right now, there’s some good news. Using data from the Mannheim Used Vehicle Value Index, Cox Automotive recently reported that the seasonally unadjusted price for used vehicles was down 4.8% since September 2022.

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Seasonally adjusted prices also dropped, year-over-year, in all categories except pickup trucks,…