Weekly Wrap: How long can used-vehicle values stay elevated?
This week, the Manheim Used Vehicle Value Index reached 203.3, the highest in its history and the first time it has ever surpassed the 200 mark, reigniting affordability concerns as new-vehicle inventory remains squeezed well below normative levels.
How much longer can used vehicle prices remain elevated, and what secondary issues might arise from their continued increase? In this episode of the Weekly Wrap, Associate Editor Amanda Harris and Editor Joey Pizzolato discuss the week’s top stories, and what’s to come in the week ahead.