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News Link • Economy - Economics USA

Used Car Prices Hit All Time High

• https://www.zerohedge.com by Nicholas Colas

And since the supply of used cars and trucks is essentially fixed – you can't "make" one – prices are exceptionally twitchy and move noticeably on both dealer (and therefore small business) sentiment and underlying retail demand.

The Manheim Used Vehicle Index is one widely watched measure, and it just made a new all time high for data from July 2018 auction results.

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