Manheim Used Vehicle Value Index Down 1.4% in July

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