Manheims Index reached 122.3 in January 2014 0.5% over prior month and 0.9% decline from year ago
Not surprising to see uptick in January even though general consensus is that wholesale used vehicle prices will be dropping this year
Recent price increase consistent with strong retail used vehicle profits that dealers earned in Q4 2013, and looked to be continuing to earn in January
The Article Manheim Used Vehicle Value Index January 2014 appeared first on Automotive Digest.