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. […]
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 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 Declined in February
Prices were down over 13% from a year ago. Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, were down in February compared to January and February 2023. The Manheim Used Vehicle Value Index (MUVVI) fell to 203.8, a decline of 13.1% from a year ago. The index was down 0.1% against the […]