While up month-over-month, the results were flat year-over-year. Wholesale used vehicle prices adjusted for mix, mileage, and seasonality increased 1.3% in November compared to October, according to the Manheim Used Vehicle Value Index released by Cox Automotive. The seasonally adjusted index reached 205.4, essentially unchanged from November 2024. The increase runs counter to the typical […]
Used-Vehicle Retail Sales Up 3.4% in October
Sales were up month over month and year over year. According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in October increased month over month compared to September. A total of 1.40 million used vehicles were sold at retail – from both franchised and independent dealers – during […]
Wholesale Used-Vehicle Prices Declined in October
Prices were down month over month, but still remain slightly above last year. The Manheim Used Vehicle Value Index (MUVVI) dropped to 202.9, reflecting a 2.0% decline in October’s wholesale used-vehicle prices adjusted for mix, mileage, and seasonality compared to September. The index is mostly unchanged compared to October 2024. The long-term average monthly move […]
Wholesale Used-Vehicle Prices Up in the First Half of September Over Last Year
Prices were essentially flat month-over-month on an adjusted basis. Wholesale used-vehicle prices, on a mix-, mileage-, and seasonally adjusted basis, increased slightly from August in the first 15 days of September. The mid-month Manheim Used Vehicle Value Index increased from 207.4 to 207.5—a negligible month-over-month change of 0.0%—but was 2.2% higher than the full month […]
New Vehicle Sales Expected to Cool in June After Spring Surge
While down month over month, sales are expected to come in above June 2024. Annual sales forecast increased. New-vehicle sales are expected to slow in June following a spring surge driven by tariff concerns, according to a forecast from Cox Automotive released Wednesday. The seasonally adjusted annual rate is projected to reach 15.3 million vehicles […]
Kelley Blue Book Partners with Experian for Enhanced Vehicle History Reports
Kelley Blue Book and Autotrader have expanded their partnership with Experian to offer co-branded AutoCheck vehicle history reports on their websites, the companies announced June 10. The collaboration will make Experian’s AutoCheck reports available on all eligible vehicle listings on both KBB.com and Autotrader.com, providing dealerships with a tool to offer detailed vehicle history information […]
Wholesale Used-Vehicle Prices Up in April
Prices were up both month-over-month and year-over-year. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were much higher in April compared to March. The Manheim Used Vehicle Value Index (MUVVI) increased to 208.2, an increase of 4.9% from a year ago and also higher than March levels by 2.7%. This is the […]
Retail Used-Vehicle Sales in March Up 9% Month Over Month
According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in March1 increased month over month compared to February. A total of 1.66 million used vehicles were sold at retail – from both franchised and independent dealers – during March, up 9.4% month over month and 12.2% year over […]
New-Vehicle Prices Hold Steady in March as Sales Increase Ahead of Anticipated Tariff-Driven Price Hikes
According to the monthly new-vehicle average transaction price (ATP) report from Cox Automotive’s Kelley Blue Book, released April 9, new-vehicle ATP held mostly steady month over month and year over year in March at $47,462, down slightly from the revised-lower ATP of $47,577 in February. In March, new-vehicle ATPs were higher year over year by […]
EV Sales Growth Slowed in the U.S. During First Quarter
Market share growth rate of electric vehicles was up slightly in first quarter from last year, but down on fourth quarter of 2023. Electric vehicle (EV) sales growth in the U.S. continues to slow, according to sales data analyzed by Kelley Blue Book. In the first quarter of 2024, Americans bought 268,909 new electric vehicles, […]