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Data Point

Record-Setting Rebound in Wholesale Prices

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Article Highlights

  1. Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 8.95% month over month in June.
  2. This brought the Manheim Used Vehicle Value Index to 149.3, a 6.3% increase from a year ago and a new record-high for the Index.
  3. Luxury cars outperformed the overall market, while most other major segments underperformed the overall market.

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 8.95% month over month in June. This brought the Manheim Used Vehicle Value Index to 149.3, a 6.3% increase from a year ago and a new record-high for the Index.

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Watch a replay of the Q2 Manheim Used Vehicle Value Index webinar.

The latest update of the Manheim Used Vehicle Value Index is released on the fifth business day of each month. To receive a monthly reminder about this update, as well as reminders for Jonathan Smoke’s quarterly conference calls, please email manheim.data@coxautoinc.com.

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Vehicle Market Insights: Manheim Used Vehicle Value Index Call - July 8, 2020

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