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 […]