Market Insights – Cox Automotive Inc.

Wholesale Used-Vehicle Prices See Decrease in First Half of May 05/17/2023 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 2.1% from April in the first 15 days of May. The midmonth Manheim Used Vehicle Value Index dropped to 225.9, which was down 7.0% from the full month of May 2022. The seasonal adjustment contributed to the decline. The non-adjusted price change in the first half of May declined 0.9% compared to April, while… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices See Sizable Decline in April 05/05/2023 Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 3.0% in April from March. The Manheim Used Vehicle Value Index (MUVVI) dropped to 230.8, down 4.4% from a year ago. “While values increased 8.6% through the first quarter from December, the market has reversed course in April, with our monthly figures showing a month-over-month decline for the first time in 2023,” said Chris… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices See Decrease in First Half of April 04/18/2023 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 2.7% from March in the first 15 days of April. The midmonth Manheim Used Vehicle Value Index dropped to 231.7, which was down 4.0% from the full month of April 2022. The seasonal adjustment contributed to the decline. The non-adjusted price change in the first half of April was an increase of 0.6% compared… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Q1 2023 Manheim Used Vehicle Value Index Call Replay Available 04/10/2023 A replay of the Q1 2023 Manheim Used Vehicle Value Index Call held on Friday, April 7, is available below. Cox Automotive Chief Economist Jonathan Smoke and Chris Frey, senior manager of economic and industry insights for Cox Automotive, discussed the latest Manheim Used Vehicle Value Index and the major economic and industry trends that shaped the first quarter. Jonathan and Chris were joined by Jeremy Robb, senior director… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Commentary & Voices

Manheim Forecast: Used-Vehicle Values Rise Again in March, Finish Quarter up 8.6% 04/07/2023 The Manheim Used Vehicle Value Index (MUVVI) increased 8.6% in the first quarter, ending March at 238.1. The MUVVI has risen for four consecutive months after experiencing the largest decline within one year in the series’ history in 2022. Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) increased 1.5% in March from February but are down 2.4% from March 2022. March’s increase was… Read Article

Manheim Used Vehicle Value Index MUVVI Press Releases

Wholesale Used-Vehicle Prices See Modest Increase in March 04/07/2023 Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) increased 1.5% in March from February. The Manheim Used Vehicle Value Index (MUVVI) rose to 238.1, down 2.4% from a year ago. March’s increase was moderated by the seasonal adjustment. The non-adjusted price change in March increased by 3.5% compared to February, moving the unadjusted average price down 2.9% year over year. In March, Manheim… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices See Increase in First Half of March 03/17/2023 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.8% from February in the first 15 days of March. The midmonth Manheim Used Vehicle Value Index rose to 238.6, which was down 2.1% from the full month of March 2022. The seasonal adjustment minimized the gains. The non-adjusted price change in the first half of March was an increase of 3.8% compared to… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices See Large Increase in February 03/07/2023 Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) increased 4.3% in February from January. This was the largest increase for the full month of February since 2009’s 4.4% rise. The Manheim Used Vehicle Value Index (MUVVI) rose to 234.5, down 7.0% from a year ago. February’s increase was driven partially by the seasonal adjustment. The non-adjusted price change in February was an increase… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices See Large Increase in First Half of February 02/17/2023 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 4.1% from January in the first 15 days of February. This was the largest February increase since 2009’s full-month 4.4% gain. The mid-month Manheim Used Vehicle Value Index rose to 234.0, which was down 7.3% from the full month of February 2022. The seasonal adjustment drove a small part of the gains. The non-adjusted… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices Increase in January 02/07/2023 Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) increased 2.5% in January compared to December. The Manheim Used Vehicle Value Index (MUVVI) rose to 224.8, down 12.8% from a year ago. January’s increase was driven in part by the seasonal adjustment. The non-adjusted price change in January was an increase of 1.5% compared to December, moving the unadjusted average price down 11.0% year… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point