
Used Vehicle Prices Continued To Moderate In August
Prices for used vehicles fell slightly for the third consecutive month. Supply challenges continue to impact production.
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Prices for used vehicles fell slightly for the third consecutive month. Supply challenges continue to impact production.

Manheim Used Vehicle Value Index reached its highest recorded value in early April, adding pressure to a growing inflation theme.

Strong demand and reduced new vehicle supply given the global semiconductor shortage are increasing used vehicle prices. Tightness is expected to persist through most of 2021.