Used car prices fall 3.3% in March, second monthly drop in a row: Manheim
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Used car prices fall 3.3% in March, second monthly drop in a row: Manheim

Farhin Lilywala
April 07, 2022
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Used car prices have now fallen for two months in a row, according to the latest data from auction house Manheim, declining 3.3% month over month in March.

This brought the Manheim used vehicle value index to 223.5, an increase of 24.8% from a year ago.

However, prices remain elevated on an annual basis as dealers continue to face low supplies of new cars.

The

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News Personal auto
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Farhin Lilywala
Section Editor, Distribution & Specialty
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