Manheim reports strong demand for used vehicles. While used vehicle prices are down versus July, they remain above year ago levels. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis decreased from July in the first 15 days of August. The mid-month Manheim Used Vehicle Value Index fell to 206.5, showing a rise […]
Wholesale Used-Vehicle Prices Up in July Compared to Last Year
While up year over year, the Manheim Used Vehicle Value Index is down slightly from June. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were lower in July compared to June but above July 2024. The Manheim Used Vehicle Value Index (MUVVI) declined to 207.4, which is still an increase of 2.9% […]
Wholesale Used-Vehicle Prices Decrease in First Half of May
While down versus April, the wholesale used vehicle index is up versus May 2024. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis declined from April in the first 15 days of May. The mid-month Manheim Used Vehicle Value Index fell to 205.9, showing a rise of 4.4% from the full month of […]
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 […]
Wholesale Used-Vehicle Prices Increase in the First Half of April
Prices up 4.3% at mid-month versus last year. Index at highest level since fall of 2023. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis rose sharply from March in the first 15 days of April. In a bit of good news for the collision repair industry, the mid-month Manheim Used Vehicle Value […]
Wholesale Used-Vehicle Prices Increased in January
Prices were up both month-over-month and year-over-year. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis moved 0.4% higher in January compared to December, causing the Manheim Used Vehicle Value Index (MUVVI) to increase to 205.6, a gain of 0.8% from a year ago. The seasonal adjustment to the index muted the movement […]
Wholesale Used-Vehicle Prices Increase in the First Half of January
Prices were up month-over-month and year-over-year. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis were higher than those of December in the first 15 days of January. The mid-month Manheim Used Vehicle Value Index rose to 205.4, now showing a gain of 0.7% from the full month of January 2024. The seasonal […]
Wholesale Used-Vehicle Prices Declined in October
More upward pressure on total loss rates as Manheim Used Vehicle Value Index declined both month-over-month and year-over-year. Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, were lower in October compared to September and October 2023. The Manheim Used Vehicle Value Index (MUVVI) fell to 202.8, a decline of 3.2% from a […]
Wholesale Used-Vehicle Prices Declined in September
Prices were down both month-over-month and year-over-year. Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, were lower in September compared to August and last year according to the latest report from Manheim. The Manheim Used Vehicle Value Index (MUVVI) fell to 203.0, a decline of 5.3% from a year ago. The seasonal […]
Wholesale Used-Vehicle Prices Down Slightly in First Half of September
Prices were down month-over-month after seasonal adjustment. Wholesale used-vehicle prices, on a mix-, mileage-, and seasonally adjusted basis, declined 0.2% from August in the first 15 days of September. The mid-month Manheim Used Vehicle Value Index decreased to 203.6, down 5.0% from the full month of September 2023. The seasonal adjustment, however, lowered the results. […]