Market Insights – Cox Automotive Inc.

Wholesale Used-Vehicle Prices See Another Increase in First Half of January 01/18/2023 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.5% from December in the first 15 days of January. The mid-month Manheim Used Vehicle Value Index rose to 222.5, which was down 13.7% from the full month of January 2022. The seasonal adjustment drove most of the gains. The non-adjusted price change in the first half of January was an increase of 0.3%… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Q4 2022 Manheim Used Vehicle Value Index Call Replay Available 01/10/2023 A replay of the Q4 2022 Manheim Used Vehicle Value Index Call held on Monday, January 9, 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 quarter and the year. Smoke and Frey were joined by Jeremy Robb, senior… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Commentary & Voices

Manheim Forecast: Used-Vehicle Values Expected to Normalize in 2023 After Record Volatility 01/09/2023 ATLANTA (Jan. 9, 2023) – Following record increases in 2021, the Manheim Used Vehicle Value Index (MUVVI) ended 2022 at 219.3, a slight increase from November due to the seasonal adjustment, but down 14.9% year over year. This was the largest decline within one year in the series’ history. On the non-adjusted side, the price change in December was a decline of 1.9% compared to November,… Read Article

Manheim Used Vehicle Value Index MUVVI Press Releases

Wholesale Used-Vehicle Prices Increase in December 01/09/2023 Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) increased 0.8% in December from November. The Manheim Used Vehicle Value Index (MUVVI) rose to 219.3, down 14.9% from a year ago. This was the largest annualized decline in the series’ history. December’s increase was driven by the seasonal adjustment. The non-adjusted price change in December was a decline of 1.9% compared to November, moving… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices See Increase in First Half of December 12/19/2022 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.6% from November in the first 15 days of December. The mid-month Manheim Used Vehicle Value Index rose to 202.6, down 14.2% from the full month of December 2021. The non-adjusted price change in the first half of December was a decline of 1.0% compared to November, moving the unadjusted average price down 12.3%… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices In November Down 14.2% Year Over Year 12/07/2022 Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 0.3% in November from October. The Manheim Used Vehicle Value Index (MUVVI) declined to 199.4, down 14.2% from a year ago. This is the first time the MUVVI has dropped below 200.0 since August 2021. The non-adjusted price change in November was a decline of 1.6% compared to October, moving the unadjusted average price… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices See Modest Increase in First Half of November 11/17/2022 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.4% from October in the first 15 days of November. The mid-month Manheim Used Vehicle Value Index rose to 200.7, which was down 13.7% from the full month of November 2021. The non-adjusted price change in the first half of November was a decline of 0.8% compared to October, moving the unadjusted average price… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices See Smaller Decline in October 11/07/2022 Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 2.2% in October from September. The Manheim Used Vehicle Value Index declined to 200.0 and is now down 10.6% from a year ago. The non-adjusted price change in October was a decline of 2.1% compared to September, moving the unadjusted average price down 9.3% year over year. In October, Manheim Market Report (MMR) values… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices Maintain Recent Declines in First Half of October 10/18/2022 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) declined 2.0% from September in the first 15 days of October. The Manheim Used Vehicle Value Index fell to 200.5, which was down 10.3% from October 2021. The non-adjusted price change in the first half of October was a decline of 1.8% compared to September, moving the unadjusted average price down 9.0% year over year.… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Q3 2022 Manheim Used Vehicle Value Index Call Replay Available 10/10/2022 A replay of the Q3 2022 Manheim Used Vehicle Value Index Call held on Friday, October 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 quarter. Smoke and Frey were joined by Jeremy Robb, senior director of market… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Commentary & Voices