The Manheim Used Vehicle Value Index was up slightly year over year.
Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were flat in August compared to July. The Manheim Used Vehicle Value Index (MUVVI) was unchanged at 207.4, representing a 1.7% increase from the same period last year.
The seasonal adjustment softened the results for the month, as non-seasonally adjusted values increased more than typically seen for the month. The non-adjusted price in August increased by 1.0% compared to July, which now makes the unadjusted average price 1.8% higher year over year. The long-term move on average
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.
Leave a Reply
You must be logged in to post a comment.