Wholesale - Cox Automotive Inc.

Drive Dealership Profitability & Growth by Speeding the Process from Auction to the Lot October 2, 2018 Infusing speed and efficiency into the wholesale-to-retail process — from inventory identification, acquisition and floor-planning to inspection, transportation and merchandising — is not only a way to increase inventory turn, but it's also a particularly effective and increasingly necessary way that progressive dealerships can help overcome margin compression. As used retail gross margin has steadily declined from 13.7% in 2011 to 11.7% in 2017 (exacerbated by… Read Article

Floor Plan Acquisition Wholesale Reconditioning Logistics Operations

Manheim Used Vehicle Value Index – August 2018 September 10, 2018 Used Vehicle Values Set New Record for Second Straight Month Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 2.01 percent month-over-month in August. This brought the Manheim Used Vehicle Value Index to 139.7, which was a 6.4 percent increase from a year ago and the highest level for the series over its more than 20-year history. Looking at trends in weekly… Read Article

Wholesale Manheim Vehicle Value Index Used Car Economic Insights

Manheim Used Vehicle Value Index – July 2018 August 7, 2018 Used Vehicle Values Increase to New Record Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.51% month-over-month in July. This brought the Manheim Used Vehicle Value Index to 136.9, which was a 5.1% increase from a year ago and the highest level ever for the series. Looking at trends in weekly Manheim Market Report (MMR) prices, the abnormal summer bounce that… Read Article

Wholesale Manheim Vehicle Value Index Used Car Economic Insights

Manheim Used Vehicle Value Index (through June 2018) July 9, 2018 Wholesale Prices Increase for Third Consecutive Month Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.53% month-over-month in June. This brought the Manheim Used Vehicle Value Index to 134.9, which was a 4.3% increase from a year ago and the highest level since last October. Looking at trends in weekly Manheim Market Report (MMR) prices, the traditional spring bounce this year… Read Article

Wholesale Market Reports Manheim Vehicle Value Index Used Car Economic Insights

Manheim Used Vehicle Value Index April 6, 2018 Wholesale Prices See Minor Statistical Decline in March Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 0.15% month-over-month in March. This brought the Manheim Used Vehicle Value Index to 130.8, which was a 5.4% increase from a year ago and the lowest level since last July. The non-seasonally adjusted index recorded a 3.4% increase for the month, which was the strongest… Read Article

Wholesale Market Reports Manheim Vehicle Value Index Used Car Economic Insights

2017 Manheim Used Car Market Report Top 10 Highlights January 27, 2017 The Manheim annual Used Car Market report examines the economic underpinnings of the entire used vehicle market and sector-specific trends that influence the supply and pricing of used vehicles. This report highlights market conditions and buyer and seller strategies within the used vehicle marketplace, provides an update on digital and mobile technology developments. It also includes an annual look at the various industry components, including dealer,… Read Article

Economy & Trends Wholesale Market Reports UCMRO Used Car Economic Insights

Manheim Used Vehicle Value Index Report – December 2016 January 10, 2017 Wholesale prices increase in December. Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased by 0.2% in December. This brought the Manheim Used Vehicle Value Index to 124.9, a decline of 0.6% from a year ago. Despite significant increases in auction volumes in 2016, wholesale pricing was firm. On an annual average basis, the Manheim Index was even able to eke out… Read Article

Wholesale Inventory

Manheim Used Vehicle Value Index Report – November 2016 December 6, 2016 Wholesale prices fall again in November. Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) declined 1% in November. This brought the Manheim Used Vehicle Value Index to 124.7 for November, a decrease of 0.3% from a year ago. Although the growing wholesale supply of used vehicles has been the most discussed story of the year (and rightly so), the weakness in November… Read Article

Wholesale Inventory

Turn to Earn: Speeding the Wholesale-to-Retail Process to Grow Profitability November 29, 2016 Since 2009, the gap between list price and transaction price has steadily declined. To overcome this profit margin compression, dealers must increase overall operational profitability by: Reducing overhead Freeing dealership resources to focus on profit centers Selling more vehicles at a faster rate rather than maximizing gross per unit Infusing speed and efficiency into the wholesale-to-retail process — from inventory identification, acquisition and floor-planning to inspection, transportation and… Read Article

Inventory Acquisition Wholesale Merchandising Reconditioning Inventory

Manheim Used Vehicle Value Index Report – October 2016 November 28, 2016 Wholesale Prices Fall in October Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) declined 0.7% in October. Non-seasonally adjusted prices declined 2% during the month. The Manheim Used Vehicle Value Index stood at 126.0 for October, an increase of 0.6% from a year ago. Although the Manheim Index is mix-adjusted, it does not account for overall inflation in new vehicle pricing or… Read Article

Wholesale Inventory