Prices were up both month-over-month and year-over-year.
Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis increased 1.6% from October in the first 15 days of November. The mid-month Manheim Used Vehicle Value Index increased to 206.1 and is now showing a gain of 0.5% from the full month of November 2023. The seasonal adjustment amplified the results for the month, as the seasonal factor moved much closer to the long-term average for the month of November. The non-adjusted price change in the first half of November rose 0.2% compared to October, and the unadjusted price was down
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