- Wholesale used vehicle prices declined last month for the first time this year.
- Cox Automotive reported a 3% decline from March to April in its Manheim Used Vehicle Value Index.
- Further declines could help bring used vehicle pricing down for consumers, since retail prices traditionally follow changes in wholesale prices.
A used car dealership is seen in Annapolis, Maryland on May 27, 2021, as many car dealerships across the country are running low on new vehicles as a computer chip…
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