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 […]
Wholesale Used-Vehicle Prices Flat in January
While the Manheim Used Vehicle Value Index was flat compared to December, January Index was down over 9% year-over-year. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were unchanged in January compared to December. The Manheim Used Vehicle Value Index (MUVVI) remained at 204.0 but down 9.2% from a year ago. The […]
Wholesale Used-Vehicle Prices Continued to Decline in First Half of January
Prices that influence total loss rates were down both on a month-over-month basis and year-over-year. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis, decreased 1.0% from December in the first 15 days of January. The midmonth Manheim Used Vehicle Value Index dropped to 201.9, which was down 10.2% from the full month […]
Wholesale Used-Vehicle Prices Decreased in November
Prices were down on a month-over-month and year-over-year basis increasing pressure on total losses. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis decreased 2.1% in November from October. The Manheim Used Vehicle Value Index (MUVVI) dropped to 205.0, down 5.8% from a year ago. Generally, declining prices allow for less collision repair […]
Wholesale Used-Vehicle Prices Decline in First Half of November
Manheim Used Vehicle Value Index down on both a month-over-month and year-over-year basis. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis decreased 1.6% from October in the first 15 days of November. The mid-month Manheim Used Vehicle Value Index declined to 206.1, which was down 5.3% from the full month of November […]
Wholesale Used-Vehicle Prices Up in September Month-Over-Month
Prices were down compared to last year’s record levels. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis increased 1.0% in September from August. The Manheim Used Vehicle Value Index (MUVVI) rose to 214.3, down 3.9% from a year ago. Generally, higher used vehicle prices lower the number of total losses impacting the […]
Wholesale Used-Vehicle Prices Up Slightly in August
The decline in wholesale prices has stopped, though they remain down from the highs last year. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis increased 0.2% in August from July. The Manheim Used Vehicle Value Index (MUVVI) rose to 212.2, down 7.7% from a year ago. Higher used vehicle prices allow for […]
Wholesale Used-Vehicle Prices Up Just 0.1% in First Half of August Compared to Last Month
Wholesale prices, however, are down almost 8% compared to last year. Retail prices down 4% year-over-year. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis, increased 0.1% from July in the first 15 days of August. The mid-month Manheim Used Vehicle Value Index rose to 212.0, which was down 7.8% from the full […]
Wholesale Used-Vehicle Prices See Smaller Decline in July
Prices were down over 11% year-over-year. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis decreased 1.6% in July from June. The Manheim Used Vehicle Value Index (MUVVI) declined to 211.7, down 11.6% from a year ago. Lower used vehicle prices increase pressure on the number of total losses impacting the collision repair […]
Wholesale Used-Vehicle Prices Lower in First Half of June
Prices were down both on a monthly and yearly basis. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis decreased 3.2% from May in the first 15 days of June. The midmonth Manheim Used Vehicle Value Index dropped to 217.3, which was down 9.4% from the full month of June 2022. The seasonal […]