Wholesale vehicle prices hit record high, but pressures in store for 2nd half
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Wednesday, Jul. 8, 2020, 08:34 PM
Joe Overby, Senior Editor
CARY, N.C. -
Wholesale vehicle prices climbed to an all-time high in June, according to Cox Automotive, which said Wednesday the company’s Manheim Used Vehicle Value Index was a record 149.3 for the month. But don’t expect these highs in used-car values to last. More on that later, but for June’s purposes, the Manheim index was up 6.3% year-over-year. […]