Prices remain above year-ago levels
Wholesale used-vehicle prices declined in July, pulling the Manheim Used Vehicle Value Index down to 210 on a mix-, mileage- and seasonally adjusted basis, Cox Automotive reported Aug. 7. The index finished 1.4% below June and 1.3% above July 2025, a year-over-year gain that narrowed from 2.1% a month earlier.
Used-vehicle values holding above year-ago levels continue to support the actual cash values insurers assign to damaged vehicles, keeping borderline claims on the repair side of the total-loss threshold. A sustained decline of the kind recorded in July works in the opposite direction, moving more
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.