Manheim saw the lowest mileage ex-fleet cars for at least 12 months selling at its auctions in December, with vehicles sold having an average of 55,494 miles on the clock. The car auction business noted that its ex-fleet cars had, on average, 6,000 fewer miles than de-fleeted cars sold in the same month last year.
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Used car average mileage tumbles at Manheim auctions during December
Used car values come under pressure in December
Values of used cars are under pressure in December as carmakers continue to push for market share in the new car market in Q4. The National Association of Motor Auctions (NAMA) said the pressure would continue into 2016 “Values for December are under pressure with increased volumes of stock and reduced demand. It is anticipated
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