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You are here: Home / News / Wholesale Used-Vehicle Prices See Decrease in First Half of April

Wholesale Used-Vehicle Prices See Decrease in First Half of April

April 21, 2023 By CollisionWeek Editor

While still near historic high levels, the seasonally adjusted Manheim Used Vehicle Value Index was down 4% from April last year.

Wholesale used-vehicle prices, on a mix-, mileage-, and seasonally adjusted basis, decreased 2.7% from March in the first 15 days of April. The midmonth Manheim Used Vehicle Value Index dropped to 231.7, which was down 4.0% from the full month of April 2022. The seasonal adjustment contributed to the decline. The non-adjusted price change in the first half of April was an increase of 0.6% compared to March, while the unadjusted price was down 5.1% year over year.

Generally,

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Filed Under: News Tagged With: Manheim Wholesale Used Vehicle Price Index, Wholesale Used Vehicle PRices

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