Manheim Used Vehicle Value Index Archives

Wholesale Prices Decline Again in November 12/06/2019 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 0.98% month-over-month in November. This brought the Manheim Used Vehicle Value Index to 138.9, a 0.1% decrease from a year ago, and the second consecutive year-over-year decline for the Index. The accelerating declining trend in weekly Manheim Market Report (MMR) prices that started in September peaked in October and started November still at… Read Article

Wholesale used cars Manheim Used Vehicle Value Index MUVVI Market Insights Commentary & Voices

Seasonally Adjusted Wholesale Prices Improve Slightly 11/07/2019 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.29% month over month in October. This brought the Manheim Used Vehicle Value Index to 140.3, a 0.4% decrease from a year ago, and the first year-over-year decline for the Index in 33 months. Weekly Manheim Market Report (MMR) prices continued to exhibit an accelerating depreciation pattern that began in September and peaked midway… Read Article

Wholesale used cars Manheim Used Vehicle Value Index MUVVI Market Insights Commentary & Voices

Replay of Q3 Manheim Used Vehicle Value Index Call Available 10/08/2019 A replay of the Q3 Manheim Used Vehicle Value Index Call hosted by Cox Automotive Chief Economist Jonathan Smoke and Zo Rahim, manager of economics and industry insights for Cox Automotive, is available below. During the call, Jonathan and Zo presented Cox Automotive's Manheim Used Vehicle Value Index, the automotive industry’s only used vehicle index that is both seasonally adjusted and adjusted for changes in mix and… Read Article

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Wholesale Prices Move Lower 10/07/2019 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 1.04% month-over-month in September. This brought the Manheim Used Vehicle Value Index to 139.9, flat from a year ago and off the record high for the Index. Weekly Manheim Market Report (MMR) prices showed increasing depreciation as September progressed. The majority of the summer had low depreciation, before the accelerating depreciation pattern marked… Read Article

Wholesale used cars Manheim Used Vehicle Value Index MUVVI Market Insights Commentary & Voices

Strong Summer Looks Weak Compared to Last Year 09/09/2019 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.62% month-over-month in August. This brought the Manheim Used Vehicle Value Index to 141.3, a 1.2% increase from a year ago and a record high for the Index.After seeing stability in July in weekly Manheim Market Report (MMR) prices, depreciation returned in August but at a very low level. Three-year-old vehicle values in… Read Article

Wholesale Manheim Used Vehicle Value Index Used Car Market Insights Commentary & Voices

Strong July Looks Weak Compared to Last Year 08/07/2019 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.01% month-over-month in July. This brought the Manheim Used Vehicle Value Index to 140.5, a 2.6% increase from a year ago. After seeing steady to slightly higher prices in June in weekly Manheim Market Report (MMR) prices, July prices were firm. Three-year-old vehicle values in aggregate were flat for the month, which is… Read Article

Wholesale Manheim Used Vehicle Value Index Used Car Market Insights Commentary & Voices

Replay of Q2 Manheim Used Vehicle Value Index Call Available 07/09/2019 A replay of the Q2 Manheim Used Vehicle Value Index Call hosted by Cox Automotive Chief Economist Jonathan Smoke and Zo Rahim, manager of economics and industry insights for Cox Automotive, is available below. During the call, Jonathan and Zo presented Cox Automotive's Manheim Used Vehicle Value Index, the automotive industry’s only used vehicle index that is both seasonally adjusted and adjusted for changes in mix and… Read Article

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Spring Bounce Rolling Into Summer, But Fading 07/08/2019 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.61% month-over-month in June. This brought the Manheim Used Vehicle Value Index to 140.5, a 4.1% increase from a year ago.After seeing steady and slightly lower than normal depreciation in weekly Manheim Market Report (MMR) prices in May, prices were firm or slightly higher each week in June. Three-year-old vehicle values in aggregate… Read Article

Wholesale Manheim Used Vehicle Value Index Used Car Market Insights Commentary & Voices

Spring Bounce Fading, But Tariffs May Provide Support 06/07/2019 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.85% month-over-month in May. This brought the Manheim Used Vehicle Value Index to 139.6, a 4.0% increase from a year ago.Looking at trends in weekly Manheim Market Report (MMR) prices, the spring bounce in values ended in April, and May saw steady and slightly lower than normal depreciation each week. Three-year-old vehicle values… Read Article

Wholesale Manheim Used Vehicle Value Index Used Car Market Insights Commentary & Voices

Wholesale Prices Continue Spring Bounce 05/07/2019 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.81% month-over-month in April. This brought the Manheim Used Vehicle Value Index to 138.4, a 4.5% increase from a year ago. Looking at trends in weekly Manheim Market Report (MMR) prices, April began with the traditional spring bounce continuing in appreciating values. Three-year-old vehicle values in aggregate saw gains in the first two weeks… Read Article

Wholesale Manheim Used Vehicle Value Index Used Car Market Insights Commentary & Voices