Index holding above year-ago levels. The Manheim Used Vehicle Value Index (MUVVI) declined 1.6% in April from a multi-year high in March, easing to 211.9 on a mix-, mileage- and seasonally adjusted basis, Cox Automotive reported May 7. The index remained 1.8% above April 2025 even as the spring market cooled. Wholesale price levels are […]
Wholesale Used-Vehicle Prices Moderate in Mid-April as Retail Inventory Hits Record Low
Prices were up year-over-year but down month-over-month. Wholesale used-vehicle values pulled back in the first half of April from March’s multi-year high, while retail used-vehicle inventory fell to the lowest level on record, according to a pair of Cox Automotive reports released April 17. The Manheim Used Vehicle Value Index (MUVVI) declined to 213.0 through […]
Manheim Used Vehicle Value Index Hits Two-and-a-Half-Year High in March
Wholesale used-vehicle prices climbed to their highest level since the summer of 2023 in March, as strong retail demand, tight inventory and a robust spring bounce pushed auction values well above year-ago levels, Cox Automotive reported April 7. The Manheim Used Vehicle Value Index (MUVVI), which tracks wholesale used-vehicle prices on a mix, mileage and […]
Manheim Used Vehicle Value Index Up in Mid-January
Index was up both month over month and year over year. The Manheim Used Vehicle Value Index (MUVVI) increased to 209.2, reflecting a 1.8% increase in wholesale used-vehicle prices adjusted for mix, mileage, and seasonality in the first 15 days of January compared to December, and a 1.7% increase compared to January 2025. Seasonally adjusted […]
Wholesale Used-Vehicle Prices Down in First Half of August Month Over Month
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 […]