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5 min read
Wholesale Used-Vehicle Prices Decrease in First Half of April
04/17/2024
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 the results. The non-adjusted price change in the first half of April declined by 0.2% compared to March,…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
1 min read
Q1 2024 Manheim Used Vehicle Value Index Call Replay Available
04/08/2024
A replay of the Q1 2024 Manheim Used Vehicle Value Index Call held on Friday, April 5, is available below. Cox Automotive Chief Economist Jonathan Smoke, Jeremy Robb, senior director of Economic and Industry Insights, and Scott Vanner, Economic and Industry Insights senior analyst, discussed the latest Manheim Used Vehicle Value Index and the major economic and industry trends that shaped the quarter. The special guest…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Commentary & Voices
8 min read
Manheim Index: Wholesale Used Vehicle Values Lower than Expected in March, as Prices Cool in Final Week of Q1
04/05/2024
ATLANTA (April 5, 2024) – 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 by the seasonal adjustment, resulting in a 0.4% month-over-month decrease. The non-adjusted price in March increased by 3.1%…
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Manheim Used Vehicle Value Index
MUVVI
Press Releases
6 min read
Wholesale Used-Vehicle Prices Declined in March
04/05/2024
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 by the seasonal adjustment, resulting in a 0.4% month-over-month decrease. The non-adjusted price in March increased by 3.1% compared to February, moving the…
Read Article
Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
4 min read
Wholesale Used-Vehicle Prices Decrease in First Half of March
03/19/2024
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 2023. The seasonal adjustment drove the decline. The non-adjusted price change in the first half of March rose 2.8% compared to February, while the…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
6 min read
Wholesale Used-Vehicle Prices Declined in February
03/07/2024
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were down in February compared to January. 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 month of January 2024. The seasonal adjustment magnified February’s results. The non-adjusted price in February increased by 1.7% compared to January, moving the…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
4 min read
Wholesale Used-Vehicle Prices Decrease in First Half of February
02/19/2024
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 0.9% from January in the first 15 days of February. The midmonth Manheim Used Vehicle Value Index dropped to 202.1, which was down 13.8% from the full month of February 2023. The seasonal adjustment added to the decline. The non-adjusted price change in the first half of February rose 0.9% compared to January, while…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
6 min read
Wholesale Used-Vehicle Prices Flat in January
02/07/2024
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 index experienced the same 0.0% monthly change from December 2021 to January 2022. “With the volatility we saw last year, it was a welcome sign for the industry to have…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
4 min read
Wholesale Used-Vehicle Prices Decrease in First Half of January
01/17/2024
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 of January 2023. The seasonal adjustment minimally added to the decline. The non-adjusted price change in the first half of January dropped 0.9% compared to December,…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
7 min read
Manheim Index: Used-Vehicle Values Fall Further in 2023, with Values Now Down 21% from All-Time High Reached in 2021
01/08/2024
ATLANTA (Jan. 8, 2024) – Following a downward trend that began in the second half of the year, 2023 ended with the Manheim Used Vehicle Value Index down 0.5% in December from November. The Manheim Used Vehicle Value Index (MUVVI) dropped to 204.0, down 7.0% from the previous year, a larger decline than originally expected. Compared to the index peak in December 2021, used-vehicle values are…
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Manheim Used Vehicle Value Index
MUVVI
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