December used-vehicle values up 0.1% year over year (Big Wheels)
Values declined 1.3% month over month
Used-vehicle values were nearly flat year over year in December after declining for the rest of the year. The Exponential Used Vehicle Index hit 134.73 as of Dec. 28, 0.1% higher than December 2023 and down 1.3% sequentially. Exponential used vehicle index The December reading supports industrywide projections that the used-car depreciation rate would slow […]
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