Used vehicle prices are on the rise and that’s unlikely to change in the near term, especially for compact and midsize sedans.
According to the latest data from Manheim, used vehicle values set a new record for the third month in a row, which is unusual. The abnormal summer bounce began in mid-June and drove prices higher for 11 straight weeks.
Read the article in The Detroit Bureau
The post Used Prices Rise on Strong Compact, Midsize Sedans Demand appeared first on Fleet Management Weekly.
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