The prices car dealers pay at used car auctions increased in the first half of September — bad news for used car shoppers. Wholesale price trends tend to become resale price trends after six to eight weeks.
Wholesale prices dropped dramatically through much of summer but have now been on the rise for more than a month.
The Manheim Used Vehicle Value Index tracks the prices dealers pay for used cars at auction. It is a product of Kelley Blue Book…
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