Prices remain above July 2024 levels.
Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis decreased 0.7% from June in the first 15 days of July. The mid-month Manheim Used Vehicle Value Index, released Thursday, was 206.9, showing a rise of 2.6% from the full month of July 2024. The seasonal adjustment reduced the results for the index in the month, which was lower than normal.
The non-adjusted price change in the first half of July fell 1.6% compared to June, and the unadjusted price is higher by 2.8% year over year. The average move for the full
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