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Wholesale Used Price Drop Taking Longer than Expected to Show Up

2014-05-09 16:39:49| AutomotiveDigest.com - Automotive Industry News

Wholesale prices are remaining strong up for fourth consecutive month in April even though a big used vehicle price drop has been expected. The Manheim Used Vehicle Value Index reached 124.9, a 4.8% increase from a year ago. Strong dealer demand in the competitive wholesale market has been setting a solid platform for prices. Higher transaction prices and flat incentive spending are also strengthening used values... GET MORE DETAILS _________________________________________________________ The Article Wholesale Used Price Drop Taking Longer than Expected to Show Up appeared first on Automotive Digest.

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