In This Story GS The price of a used car got marginally cheaper in May, down 1.4% from April, though still 4% higher than this time last year. That’s according to Cox Automotive’s Manheim Used Vehicle Value Index , which monitors prices at U.S. wholesale auctions. During the same time frame, the national inventory of used vehicles dropped 10%, to 2.8 million vehicles, as cautious consumers cling to the their cars amid the post-pandemic slump . Suggested Reading Tesla stock rebounds 5%. Wedbush