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5 min read
Used-Vehicle Wholesale Prices Continue Retreat From Record Highs
01/08/2019
ATLANTA (Jan. 8, 2019) – Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 1.03 percent month-over-month in December. This brought the Manheim Used Vehicle Value Index to 137.6, a 4.3 percent increase from a year ago, and down from its record high of 140.9 in October. The Manheim Used Vehicle Value Index (MUVVI) is updated monthly using data from Manheim, North America’s…
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Wholesale
Manheim Used Vehicle Value Index
Used Car
Press Releases
3 min read
Wholesale Prices Retreat From Record High
01/08/2019
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 1.32 percent month-over-month in November. This brought the Manheim Used Vehicle Value Index to 139.0, a 3.3 percent increase from a year ago. The Manheim Used Vehicle Value Index (MUVVI) is updated monthly using data from Manheim, North America’s largest wholesale used-vehicle marketplace and most extensive auction network. By applying statistical analysis to…
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Wholesale
Manheim Used Vehicle Value Index
Used Car
Market Insights
Data Point
5 min read
Wholesale Prices Continue To Fade From Record High
01/08/2019
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 1.03 percent month-over-month in December. This brought the Manheim Used Vehicle Value Index to 137.6, a 4.3 percent increase from a year ago. Looking at trends in weekly Manheim Market Report (MMR) prices, December saw continued and more normal levels of depreciation. Three-year-old vehicles ended the month worth 2 percent more than they would…
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Wholesale
Manheim Used Vehicle Value Index
Used Car
Market Insights
Commentary & Voices
10 min read
Drive Dealership Profitability & Growth by Speeding the Process from Auction to the Lot
10/02/2018
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…
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Floor Plan
Acquisition
Wholesale
Reconditioning
Logistics
Operations
Inventory
4 min read
Manheim Used Vehicle Value Index – August 2018
09/10/2018
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…
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Wholesale
Manheim Vehicle Value Index
Used Car
Market Insights
Inventory
Economy & Trends
4 min read
Manheim Used Vehicle Value Index – July 2018
08/07/2018
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…
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Wholesale
Manheim Vehicle Value Index
Used Car
Inventory
Market Insights
Economy & Trends
10 min read
Manheim Used Vehicle Value Index (through June 2018)
07/09/2018
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…
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Wholesale
Market Reports
Manheim Vehicle Value Index
Used Car
Inventory
Market Insights
Economy & Trends
10 min read
Manheim Used Vehicle Value Index
04/06/2018
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…
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Wholesale
Market Reports
Manheim Vehicle Value Index
Used Car
Inventory
Market Insights
Economy & Trends
3 min read
2017 Manheim Used Car Market Report Top 10 Highlights
01/27/2017
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,…
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Wholesale
Market Reports
UCMRO
Used Car
Market Insights
Economy & Trends
4 min read
Manheim Used Vehicle Value Index Report – December 2016
01/10/2017
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…
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Wholesale
Inventory
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