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Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility

CNBC
Summary
Nutrition label

84% Informative

Used vehicle prices are expected to continue to stabilize in 2025 , after several years of volatile pricing swings that began to normalize last year .

This year 's increase would compare with a 0.4% rise in 2024 following drops of 7% and nearly 15% in 2023 and 2022 , respectively.

Cox Automotive expects wholesale prices on its Manheim Used Vehicle Value Index will end this year 1.4% ..

VR Score

90

Informative language

93

Neutral language

56

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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