While up month-over-month, the results were flat year-over-year. Wholesale used vehicle prices adjusted for mix, mileage, and seasonality increased 1.3% in November compared to October, according to the Manheim Used Vehicle Value Index released by Cox Automotive. The seasonally adjusted index reached 205.4, essentially unchanged from November 2024. The increase runs counter to the typical […]
Manheim Used Vehicle Value Index Dips in September
Fourth quarter outlook turns cautious as September was down month over month due to seasonal adjustment, and up just 2% from 2024. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were down slightly in September compared to August. The Manheim Used Vehicle Value Index (MUVVI) declined to 207.0, lower by 0.2% versus […]
Wholesale Used Vehicle Prices Declined in March
Manheim Used Vehicle Value Index shows seasonal decline despite strong demand. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were lower in March compared to February. The Manheim Used Vehicle Value Index (MUVVI) declined to 202.6, which is also a decrease of 0.2% from a year ago and also lower than the […]
Manheim Used-Vehicle Data Shows Signs of Market Normalcy After Unprecedented 2020 and 2021
Prices declined month-on-month, but remain nearly 10% higher than a year ago on an adjusted basis. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis decreased 1.3% in June from May. This brought the Manheim Used Vehicle Value Index to 219.9, up 9.7% from a year ago. The non-adjusted price change in June […]