Prices were down over 11% year-over-year. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis decreased 1.6% in July from June. The Manheim Used Vehicle Value Index (MUVVI) declined to 211.7, down 11.6% from a year ago. Lower used vehicle prices increase pressure on the number of total losses impacting the collision repair […]
Wholesale Used-Vehicle Prices Declined in June
Prices were down on a monthly and yearly basis. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis decreased 4.2% in June from May. The Manheim Used Vehicle Value Index (MUVVI), at 215.1, was also down 10.3% from a year ago. Lower used vehicle prices increase pressure on the number of total losses […]
Wholesale Used-Vehicle Prices Decline in April
After increasing during the first quarter, prices were down both month-over-month and year-over-year. Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, decreased 3.0% in April from March. The Manheim Used Vehicle Value Index (MUVVI) dropped to 230.8, down 4.4% from a year ago. “While values increased 8.6% through the first quarter from […]
Wholesale Used-Vehicle Prices See Decrease in First Half of April
While still near historic high levels, the seasonally adjusted Manheim Used Vehicle Value Index was down 4% from April last year. Wholesale used-vehicle prices, on a mix-, mileage-, and seasonally adjusted basis, decreased 2.7% from March in the first 15 days of April. The midmonth Manheim Used Vehicle Value Index dropped to 231.7, which was […]
Wholesale Used-Vehicle Prices Continued to Increase in First Half of March
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% […]