Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.8% from February in the first 15 days of March. The midmonth Manheim Used Vehicle Value Index rose to 238.6, which was down 2.1% from the full month of March 2022. The seasonal adjustment minimized the gains. The non-adjusted price change in the […]
Wholesale Used-Vehicle Prices See Large Increase in February
Prices index up for second month in a row, but is below historic levels last year. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis increased 4.3% in February from January according to the latest report from Manheim Consulting. This was the largest increase for the full month of February since 2009’s 4.4% […]