Market Insights – Cox Automotive Inc.

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

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Commentary: Independent Dealers are Poised to Thrive as Driving Force in Recovery 05/21/2021 The used-vehicle market reaches 40 million units sold in a good year, dwarfing the new-vehicle business. While roughly 45% of used vehicle sales are private party—neighbor to neighbor deals—the growing majority are retail sales closed at dealerships. Independent dealers, often overlooked by industry observers and media alike, are a driving force in this corner of the business: More than half of retail used-vehicle sales and nearly… Read Article

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Replay of Q4 Manheim Used Vehicle Value Index Call Available 01/09/2020 A replay of the Q4 Manheim Used Vehicle Value Index Call hosted by Cox Automotive Chief Economist Jonathan Smoke and Zo Rahim, manager of economics and industry insights for Cox Automotive, is available below. During the call, Jonathan and Zo presented Cox Automotive's Manheim Used Vehicle Value Index, the automotive industry’s only used vehicle index that is both seasonally adjusted and adjusted for changes in mix and… Read Article

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Wholesale Prices Rebound To End The Year 01/08/2020 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.54% month over month in December. This brought the Manheim Used Vehicle Value Index to 141.1, a 2.5% increase from a year ago. Following a normalizing trend in weekly Manheim Market Report (MMR) prices at the end of November, December saw stability and even gains in many segments. Three-year-old vehicle values in aggregate… Read Article

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Wholesale Prices Decline Again in November 12/06/2019 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 0.98% month-over-month in November. This brought the Manheim Used Vehicle Value Index to 138.9, a 0.1% decrease from a year ago, and the second consecutive year-over-year decline for the Index. The accelerating declining trend in weekly Manheim Market Report (MMR) prices that started in September peaked in October and started November still at… Read Article

Wholesale used cars Manheim Used Vehicle Value Index MUVVI Market Insights Commentary & Voices

Seasonally Adjusted Wholesale Prices Improve Slightly 11/07/2019 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.29% month over month in October. This brought the Manheim Used Vehicle Value Index to 140.3, a 0.4% decrease from a year ago, and the first year-over-year decline for the Index in 33 months. Weekly Manheim Market Report (MMR) prices continued to exhibit an accelerating depreciation pattern that began in September and peaked midway… Read Article

Wholesale used cars Manheim Used Vehicle Value Index MUVVI Market Insights Commentary & Voices

Replay of Q3 Manheim Used Vehicle Value Index Call Available 10/08/2019 A replay of the Q3 Manheim Used Vehicle Value Index Call hosted by Cox Automotive Chief Economist Jonathan Smoke and Zo Rahim, manager of economics and industry insights for Cox Automotive, is available below. During the call, Jonathan and Zo presented Cox Automotive's Manheim Used Vehicle Value Index, the automotive industry’s only used vehicle index that is both seasonally adjusted and adjusted for changes in mix and… Read Article

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Wholesale Prices Move Lower 10/07/2019 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 1.04% month-over-month in September. This brought the Manheim Used Vehicle Value Index to 139.9, flat from a year ago and off the record high for the Index. Weekly Manheim Market Report (MMR) prices showed increasing depreciation as September progressed. The majority of the summer had low depreciation, before the accelerating depreciation pattern marked… Read Article

Wholesale used cars Manheim Used Vehicle Value Index MUVVI Market Insights Commentary & Voices

Replay of Q2 Manheim Used Vehicle Value Index Call Available 07/09/2019 A replay of the Q2 Manheim Used Vehicle Value Index Call hosted by Cox Automotive Chief Economist Jonathan Smoke and Zo Rahim, manager of economics and industry insights for Cox Automotive, is available below. During the call, Jonathan and Zo presented Cox Automotive's Manheim Used Vehicle Value Index, the automotive industry’s only used vehicle index that is both seasonally adjusted and adjusted for changes in mix and… Read Article

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