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4 min read
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…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
5 min read
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…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
4 min read
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…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
1 min read
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…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Commentary & Voices
7 min read
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…
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Manheim Used Vehicle Value Index
MUVVI
Press Releases
6 min read
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…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
4 min read
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…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
5 min read
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…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
4 min read
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…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
5 min read
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…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
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