How do I reconcile what I read about the Mannheim Used Car index with a -0.7 on the CPI?
How do I reconcile what I read about the Mannheim Used Car index with a -0.7 on the CPI?
Appears to be the seasonal adjustment. Unadjusted prices rose 1.3.
I know people on the FB groups, for my car, have all been talking about the huge bump in price that they are getting offered on Carvana recently. I bought my car a year ago and could sell it for a profit.
I’ll have to look at it closely, they do diverge pretty regularly.
Does Mannheim include a hedonic adjustment?