Tagged Used Car Prices

Wholesale Vehicle Prices Up 6% Month-Over-Month

Wholesale used vehicle prices in March averaged $10,815 — up 6% compared to February and up 1.7% relative to March 2015. Car prices continue to show year-over-year declines while prices for pickups and SUVs/crossovers show gains.

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Wholesale Price Decline Continues in March

Wholesale used vehicle prices declined for the third consecutive month, a decrease of 1.6% from a year ago, according to the Manheim Used Vehicle Value Index. Rental risk units had the lowest average mileage since September 2014.

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Cars, Minivans Continue Downward Price Trend

Wholesale used vehicle prices in February averaged $10,202 — down 0.5% compared to January but up a modest 0.3% relative to February 2015, according to ADESA's monthly analysis. Cars and minivans continue to show year-over-year declines while SUVs/crossovers and pickups show gains.

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Rental Risk Units Fall to Lowest Prices in 3 Years

Prices for rental risk units were down 4.1% from a year ago, the lowest February level in three years. The Manheim Index for February finished at 123.3, a decline of 1.4% from a year ago.

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Truck Prices Keep Used Vehicle Prices Up in January

In January, average wholesale used vehicle prices were up 0.6% year-over-year and up 4.9% month-over-month, according to ADESA. Truck prices were up 10.5% while car and crossover prices fell year-over-year.

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Pickups Remain Strongest Vehicle Segment at Auction

Pickups, both midsize and full-size, remain the strongest segment at auction, while compact cars continue to underperform with a year-over-year decline of almost 9%.

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Used Vehicle Prices Drop in December

In December, average wholesale used vehicle prices were down 1% year-over-year and down 1.2% month-over-month, according to ADESA. The minivan was the only model class segment to show a significant month-over-month increase.

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Manheim Index Up, Risk Average Mileage Dips

At 44,375 miles, average mileage in December was down from November and below its year-ago level. The Manheim Used Vehicle Index was up 1.5% from a year ago.

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November Used Vehicle Prices Continue Upward Trend

Average wholesale used vehicle prices were up 1.1% month-over-month in November — largely driven by truck prices as in previous months, according to ADESA.

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Used Vehicle Prices Decline in November

Although wholesale used vehicle prices dropped in November, the Manheim Used Vehicle Value Index was up 1.5% from a year ago. Prices for pickups and sports cars remained strong in November.

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