The much-watched used car price barometer jumped to its highest level since October 2023 last month as consumers worried about rising prices due to car tariffs. Cox Motor Company's Mannheim Used Car Value Index increased 4.9% year-on-year last month to 208.2. The index also increased 2.7% from March.

The much-watched used car price barometer jumped to its highest level since October 2023 last month as consumers worried about rising prices due to car tariffs. Cox Motor Company's Mannheim Used Car Value Index increased 4.9% year-on-year last month to 208.2. The index also increased 2.7% from March.