Dealers paid slightly more at auction in the first 15 days of August for the used cars they later sell. The news ends a long slide in wholesale prices and could foretell that a current drop in used car prices may not last long.
The Manheim Used Vehicle Value Index tracks the prices dealers pay for used cars at auction. It is a product of Kelley Blue Book parent company Cox Automotive.
It increased 0.1% in the first two weeks of August — a tiny change but the end of a slide…
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