Market Insights – Cox Automotive Inc.

Wholesale Used-Vehicle Prices Decline in First Half of November 11/17/2023 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 1.6% from October in the first 15 days of November. The midmonth Manheim Used Vehicle Value Index declined to 206.1, which was down 5.3% from the full month of November 2022. The seasonal adjustment reduced the decrease. The non-adjusted price change in the first half of November dropped 2.3% compared to October, while the… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices Decrease in October 11/07/2023 Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 2.3% in October from September. The Manheim Used Vehicle Value Index (MUVVI) dropped to 209.4, down 4.0% from a year ago. “October revealed some not-so-spooky price moves, namely a reversal of the gains that were seen during the prior two months,” said Chris Frey, senior manager of Economic and Industry Insights for Cox Automotive.… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices Decline in First Half of October 10/17/2023 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 1.6% from September in the first 15 days of October. The midmonth Manheim Used Vehicle Value Index declined to 211.0, which was down 3.3% from the full month of October 2022. The seasonal adjustment minimized the decrease. The non-adjusted price change in the first half of October dropped 2.2% compared to September, while the… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Q3 2023 Manheim Used Vehicle Value Index Call Replay Available 10/09/2023 A replay of the Q3 2023 Manheim Used Vehicle Value Index Call held on Friday, Oct. 6, 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 second quarter. Smoke and Frey were joined by Jeremy… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Commentary & Voices

Manheim Report: Used Vehicle Values Showing Balance After Steep Declines in Second Quarter 10/06/2023 The Manheim Used Vehicle Value Index (MUVVI) stabilized to end the third quarter with a steady September, following a period of fluctuation with declines in the first half of the year and rebounding values in Q3. Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) increased 1.0% in September from August. The Manheim Used Vehicle Value Index rose to 214.3 in September, down 3.9%… Read Article

Manheim Used Vehicle Value Index MUVVI Press Releases

Wholesale Used-Vehicle Prices Increase in September 10/06/2023 Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) increased 1.0% in September from August. The Manheim Used Vehicle Value Index (MUVVI) rose to 214.3, down 3.9% from a year ago. “September auction sales bolstered prices through the channel,” said Chris Frey, senior manager of Economic and Industry Insights for Cox Automotive. “While there was a bit of an acceleration from August, we shouldn’t… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices Increase in First Half of September 09/19/2023 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.5% from August in the first 15 days of September. The midmonth Manheim Used Vehicle Value Index rose to 215.4, which was down 3.5% from the full month of September 2022. The seasonal adjustment assisted the increase. The non-adjusted price change in the first half of September increased 0.7% compared to August, while the… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices See Minimal Increase in August 09/08/2023 Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) increased 0.2% in August from July. The Manheim Used Vehicle Value Index (MUVVI) rose to 212.2, down 7.7% from a year ago. “August brought a stop to wholesale price declines, though it was only a small reversal of the larger magnitude declines so far this spring and early summer,” said Chris Frey, senior manager of… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices Increase Marginally in First Half of August 08/17/2023 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.1% from July in the first 15 days of August. The midmonth Manheim Used Vehicle Value Index rose to 212.0, which was down 7.8% from the full month of August 2022. The seasonal adjustment diminished the increase. The non-adjusted price change in the first half of August increased 0.7% compared to July, while the… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Wholesale Used-Vehicle Prices See Smaller Decline in July 08/07/2023 Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 1.6% in July from June. The Manheim Used Vehicle Value Index (MUVVI) declined to 211.7, down 11.6% from a year ago. “The July drop of 1.6% is an indicator of slowing wholesale price declines, at least when compared to the month-over-month losses we’ve seen since April,” said Chris Frey, senior manager of Economic and… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point