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ADESA has further enhanced its online vehicle remarketing platform, ADESA.com, by providing registered dealers with updates of the amount of credit available to them through Automotive Finance Corp. as soon as they log in—before bidding on any vehicles.
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Wholesale used vehicle prices were down in May, but higher year-over-year.
The Manheim Used Vehicle Value Index reading fell to 124.7 for the month. That still represented a 4.7 percent increase from a year ago.
The index adjusts prices for mix, mileage and seasonality.