Auto industry
Wholesale used values edge up in October
The Manheim Used Vehicle Value Index rose to 206.8 in October, up 0.5% from September and 2% from a year earlier after adjusting for mix, mileage and season; unadjusted prices were up 0.3% year over year. Used EV values were up 6.6% from a year ago, compared with 1.1% for everything else. Cox notes the comparison is against a weak October 2025, when values fell after the federal EV tax credit ended, and it puts used retail days' supply at just under 50, per Cox Automotive. Firmer wholesale values can support trade appraisals while also raising replacement-inventory costs.
Sources: Link
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