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The Mannheim Index of used car prices has risen from 101.7 in January to 118.5 in September, an increase of 16.5%.
There should be a strong correlation between that movement and the level of losses suffered on sale of ACF repossessions. Higher recoveries = lower losses = higher income. Rating :
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Mannheim Used Car Price Index
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crlightner
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(1 Rating) | 20-Oct-09 05:04 pm | ||
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Higher recoveries but likely continued higher defa...
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infactidokn... | Rate it | 5-Nov-09 01:05 pm |
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