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 […]
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 […]
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 […]