Used Car Prices, Inventories Decline in March: Manheim Index

However, prices could rise as a result of newly announced auto tariffs by the Trump administration.
Used Car Prices, Inventories Decline in March: Manheim Index
A used truck lot at a dealership in Chicago on July 11, 2023. Scott Olson/Getty Images
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Wholesale used vehicle prices declined in March in the United States on both a monthly and annual basis, with inventories also low compared to a year back, according to automotive services company Cox Automotive.

The Manheim Used Vehicle Value Index, an indicator of pricing trends in the market, fell to 202.6 in March from February, a 0.2 percent decline from a year earlier, the company said in an April 7 statement.
Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.