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This morning, I just wanted to share with you a few quotes from Tom Webb's (Manheim Consulting Chief Economist) quarterly conference call Tuesday. As you probably know Manheim is the largest used vehicle auction company in the United States. And the Manheim Value Price Index (released at the beginning of the week) showed its fourth consecutive monthly increase. Favorite Quote #1: New vehicle inventories provide keener insight into used vehicle values"New vehicle inventory unit count as a 12-month rolling average. . . By that measurement, industry unit counts from early 2005 until today have been reduced by more than half a million units. And I would suggest that
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