Market Insights – Cox Automotive Inc.

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

used cars used-vehicle prices new-vehicle sales Manheim Used Vehicle Value Index used-vehicle SAAR MUVVI Market Insights Smoke on Cars

Wholesale Prices Increase Halfway Through October 10/19/2021 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 8.3% in the first 15 days of October compared to the month of September. This brought the Manheim Used Vehicle Value Index to 221.8, a 37% increase from October 2020. MANHEIM USED VEHICLE VALUE INDEXMid-October 2021 Manheim Market Report (MMR) prices saw strong gains through the first two full weeks of October. The… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Q3 2021 Manheim Used Vehicle Value Index Call Replay Available 10/08/2021 A replay of the Q3 2021 Manheim Used Vehicle Value Index Call held on Thursday, October 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

Wholesale Used-Vehicle Prices Hit Record High Amid New-Vehicle Inventory Shortages 10/07/2021 CORRECTION: An earlier version of this post reported that the Manheim Index hit a record high of 203 in June. The record high was reached in May and reported in June. ATLANTA (Oct. 7, 2021) – Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 5.3% month over month in September. This brought the Manheim Used Vehicle Value Index to 204.8, a 27.1%… Read Article

Manheim Used Vehicle Value Index MUVVI Press Releases

Wholesale Prices Increase Halfway Through September 09/17/2021 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 3.6% in the first 15 days of September compared to the month of August. This brought the Manheim Used Vehicle Value Index to 201.4, a 24.9% increase from September 2020. Click image to enlarge. Manheim Market Report (MMR) prices saw a strong increase through the first two full weeks of September. The Three-Year-Old… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Price Trend Reverses Course in August 09/08/2021 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 0.4% month over month in August. This brought the Manheim Used Vehicle Value Index to 194.5, an 18.8% increase from a year ago. The seasonal adjustment caused the monthly decline as the non-seasonally adjusted average price increased 1.4% in August, which left unadjusted prices up 19.9% year over year. In recent years, August… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Prices See Slowing Decline in First Half of August 08/17/2021 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 0.8% in the first 15 days of August compared to the month of July. This brought the Manheim Used Vehicle Value Index to 193.7, a 18.3% increase from August 2020. Manheim Market Report (MMR) prices saw mixed trends in the first two weeks of August. The Three-Year-Old MMR Index, which represents the largest… Read Article

Manheim Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Prices Decline Again in July 08/06/2021 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 2.6% month-over-month in July. This brought the Manheim Used Vehicle Value Index to 195.2, a 23.6% increase from a year ago. Click image to enlarge. Manheim Market Report (MMR) prices saw weekly declines every week in July with price declines accelerating through mid-month but then slowing the rate of decline over the last… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point