Market Insights – Cox Automotive Inc.

Wholesale Prices Rise Further in First Half of January 01/19/2022 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.8% in the first 15 days of January compared to the month of December. This brought the Manheim Used Vehicle Value Index to 238.0, a 46.0% increase from January 2021. As was the case in each of the last three months, much of the reported increase was a result of the seasonal adjustment.… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

No, Used-Vehicle Values Are Not Going to Crash 01/11/2022 Our team held the quarterly Manheim Used Vehicle Value Index call last week. We reviewed the used-vehicle market performance through the final quarter of 2021 and provided our forward-looking view of the market into 2022. A key topic in the discussion, of course, was the elephant in the room: Has the recent run-up of used-vehicle prices set the market up for a crash in 2022? There… Read Article

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Q4 2021 Manheim Used Vehicle Value Index Call Replay Available 01/10/2022 A replay of the Q4 2021 Manheim Used Vehicle Value Index Call held on Friday, January 7, is available below. Cox Automotive Chief Economist Jonathan Smoke and Kayla Reynolds, manager of economic and industry insights, discussed the latest Manheim Used Vehicle Value Index and the major economic and industry trends that shaped the quarter. Jonathan and Kayla were joined by Kevin Chartier, vice president of Manheim… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Commentary & Voices

Manheim Forecast: Growth in Used Vehicle Values Expected to Continue Through Spring 2022 01/07/2022 ATLANTA, Jan. 7, 2022 – Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.6% month over month in December. This brought the Manheim Used Vehicle Value Index to a record high of 236.2, a 46.6% increase from a year ago. The non-adjusted price change, however, declined 1.1% from November, leaving the unadjusted average price up 43.4% year over year. “The wholesale… Read Article

Manheim Used Vehicle Value Index MUVVI Press Releases

Wholesale Prices Increased at Slowing Pace on Seasonally Adjusted Basis in December 01/07/2022 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.6% month over month in December. This brought the Manheim Used Vehicle Value Index to 236.2, a 46.6% increase from a year ago. The non-adjusted price change in December was a decline of 1.1% compared to November, leaving the unadjusted average price up 43.4% year over year. Manheim Market Report (MMR) values saw… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Prices Rise Further in First Half of December 12/17/2021 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 3.1% in the first 15 days of December compared to the month of November. This brought the Manheim Used Vehicle Value Index to 239.8, a 48.9% increase from December 2020. As was the case in October and November, much of the monthly increase was a result of the seasonal adjustment. The non-adjusted price… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Prices Increased at Slowing Pace in November 12/07/2021 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 3.9% month over month in November. This brought the Manheim Used Vehicle Value Index to 232.5, a 43.5% increase from a year ago. The non-adjusted price increase in November was 1.9% compared to October and 43.8% year over year. Manheim Market Report (MMR) values saw weekly price increases decelerate and reverse over the… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Prices Rise Halfway Through November 11/17/2021 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 4.9% in the first 15 days of November compared to the month of October. This brought the Manheim Used Vehicle Value Index to 234.8, a 44.9% increase from November 2020. As was the case in October, some of the monthly increase is a result of the seasonal adjustment, as November typically sees above-average… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Manheim Index Shows Historic Wholesale Price Increase in October 11/05/2021 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 9.2% month over month in October. This brought the Manheim Used Vehicle Value Index to 223.7, a 38.1% increase from a year ago. Some of the monthly increase is a result of the seasonal adjustment, as October typically sees above-average vehicle depreciation and therefore used price declines. This October was the first October… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Notes From The Q3 2021 Manheim Used Vehicle Value Index Report 10/22/2021 During the Q3 2021 Manheim Used Vehicle Value Index call held earlier this month, we covered a significant amount of material. The Q&A session was robust, which we appreciate, and we ran out of time due to the volume of questions. While reviewing the remaining questions, we noticed that most fell into four major categories: weakening sales, pricing, off-lease volumes and certified pre-owned. After some collaboration… Read Article

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