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Used Auto Prices Climb, Raising Inflation Fears

Used Auto Prices Climb, Raising Inflation Fears

The Manheim U.S. Used Vehicle Value Index increased 3.6% in the first half of September compared with a month earlier. That puts it on track for the first month-over-month increase since May while extending the string of consecutive monthly of gains on a year-over-year basis that dates back to June 2020.