Used car prices decreased 2.7% in May from April: Manheim
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Used car prices decreased 2.7% in May from April: Manheim

manheim logo cars.jpg

Used car prices decreased 2.7% in May from April, marking the third month-on-month drop in 2023, according to auction house Manheim’s monthly market report.

The company noted that May’s decline was partially impacted by the seasonal adjustment. The non-adjusted price change in May decreased by 1.7%

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