Used car prices hit highest levels since 2023 and could push higher as inventory shrinks
Used car prices jumped sharply in March amid the tax refund season and affordability points, such as excessive new car prices, rising gasoline prices, and rising rates of interest, which introduced patrons to used-car tons. The Manheim Used Vehicle Value Index (MUVVI) rose to 215.3 in March, up 6.2% in comparison with a 12 months…