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 Increase in First Half of October
While up, the index remains below year ago levels. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis increased 0.3% from September in the first 15 days of October. The mid-month Manheim Used Vehicle Value Index increased to 203.5, down 2.8% from the full month of October 2023. Declining used vehicle prices allow […]
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. […]
Wholesale Used-Vehicle Prices Increased in August
Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, were higher in August compared to July. The Manheim Used Vehicle Value Index (MUVVI) rose to 203.9, a decline of 3.9% from a year ago. The seasonal adjustment to the index mitigated the impact on the month, resulting in values that rose 1.2% month […]
Wholesale Used-Vehicle Prices Increased in First Half of August
Prices were up month-over-month, but remain below last year. Wholesale used-vehicle prices, on a mix-, mileage-, and seasonally adjusted basis, increased 0.5% from July in the first 15 days of August. The mid-month Manheim Used Vehicle Value Index increased to 202.6, which was down 4.5% from the full month of August 2023. The seasonal adjustment […]
Wholesale Used-Vehicle Prices Increased in July Month-Over-Month
The decline in used vehicle pricing impacting repairable collision repair claims paused in July, but were still down year-over-year. Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, were higher in July compared to June. The Manheim Used Vehicle Value Index (MUVVI) rose to 201.6, a decline of 4.8% from a year ago. […]
Wholesale Used-Vehicle Prices Declined in June
Manheim reports prices were down month-over-month and year-over-year. Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis) were down in June compared to May. The Manheim Used Vehicle Value Index (MUVVI) fell to 196.1, a decline of 8.9% from a year ago. The seasonal adjustment to the index mitigated the impact on the […]
Wholesale Used-Vehicle Prices Continued to Decline in May
Manheim Used Vehicle Value Index down both month-over-month and year-over-year. Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, were down in May compared to April and last year. The Manheim Used Vehicle Value Index (MUVVI) fell to 197.3, a decline of 12.1% from a year ago. The seasonal adjustment to the index […]
Wholesale Used-Vehicle Prices Continued to Decline in April
Manheim reports wholesale prices were down both month-over-month and year-over-year. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were down in April compared to March. The Manheim Used Vehicle Value Index (MUVVI) fell to 198.4, a decline of 14.0% from a year ago. The seasonal adjustment to the index magnified the results […]