Data Point
Strong Rebound in Wholesale Prices After Historic Fall in April
Friday June 5, 2020
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 8.96% month over month in May. This brought the Manheim Used Vehicle Value Index to 137.0, a 1.9% decrease from a year ago.
The latest update of the Manheim Used Vehicle Value Index is released on the fifth business day of each month. To receive a monthly reminder about this update, as well as reminders for Jonathan Smoke’s quarterly conference calls, please email manheim.data@coxautoinc.com.