Used car prices have been coming down, after being at record highs during the Covid-19 pandemic, but they haven’t reached pre-pandemic levels yet. While they won’t get that low anytime soon, it seem that used car prices will come down again in the coming months, as wholesale car prices are the lowest they’ve been all year.
According to the Manheim Used Vehicle Value Index, May’s wholesale auction prices—which is what used car dealers pay for their inventory—were down 2.7% from…
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