Index was up both year-over-year and month-over-month.
Wholesale used-vehicle prices climbed 4% year over year in February on a mix-, mileage-, and seasonally adjusted basis, pushing the Manheim Used Vehicle Value Index to 212.3, Cox Automotive reported March 6.
The February reading marks the index’s strongest year-over-year gain in recent months, building on a trend of rising wholesale values that began accelerating at the start of 2026. The index rose 0.8% from January, outpacing the long-term average monthly move for February of a 0.2% decline.
The continued appreciation in wholesale values signals sustained upward pressure on claims severity tied
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.