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 Increased in July Month-Over-Month
The decline in used vehicle pricing impacting repairable collision repair claims paused in July, but were still down year-over-year. Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, were higher in July compared to June. The Manheim Used Vehicle Value Index (MUVVI) rose to 201.6, a decline of 4.8% from a year ago. […]
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 Continued to Decline in May
Manheim Used Vehicle Value Index down both month-over-month and year-over-year. Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, were down in May compared to April and last year. The Manheim Used Vehicle Value Index (MUVVI) fell to 197.3, a decline of 12.1% from a year ago. The seasonal adjustment to the index […]
Wholesale Used-Vehicle Prices Continued to Decline in April
Manheim reports wholesale prices were down both month-over-month and year-over-year. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were down in April compared to March. The Manheim Used Vehicle Value Index (MUVVI) fell to 198.4, a decline of 14.0% from a year ago. The seasonal adjustment to the index magnified the results […]
Wholesale Used-Vehicle Prices Decreased in First Half of April
Prices down over 13% from April 2023. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis decreased by 1.9% from March during the first 15 days of April. The mid-month Manheim Used Vehicle Value Index dropped to 199.2, which was 13.7% lower than the full month of April 2023. The seasonal adjustment amplified […]
Wholesale Used-Vehicle Prices Down in March
Seasonally adjusted wholesale prices declined on both a month-over-month and year-over-year basis. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were down in March compared to February. The Manheim Used Vehicle Value Index (MUVVI) fell to 203.1, a decline of 14.7% from a year ago. The decline in the index was driven […]
Wholesale Used-Vehicle Prices Continued to Decrease in First Half of March
Prices were down nearly 15% compared to the full month in March 2023. Wholesale used-vehicle prices, on a mix-, mileage-, and seasonally adjusted basis, decreased 0.6% from February in the first 15 days of March. The midmonth Manheim Used Vehicle Value Index dropped to 202.6, which was down 14.9% from the full month of March […]