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Manheim Used Vehicle Value Index Ends 2020 Near Record High, Despite Drop in December
Overall Fleet Sales Down 39% in 2020

Overall Fleet Sales Down 39% in 2020

Total fleet sales for the entirety of 2020 — which is comprised of commercial, rental, and government sales — came in at 1,684,879 units.

January 7, 2021

Wholesale Volume Sold Drops Significantly in Q4 2020, YoY
Overall Wholesale Values Round Out 2020 with Slightly Higher than Seasonal Norms
Early December Wholesale Prices See Seasonal Increase from Pickups
Wholesale Prices See Seasonal Declines Through November
Wholesale Prices Show Seasonal Strength Through October
Wholesale Prices Show Seasonal Strength

Wholesale Prices Show Seasonal Strength

Wholesale used vehicle prices increased 0.9% in the first 15 days of October compared to the month of September, bringing the mid-month Manheim Used Vehicle Value Index to 162.7, a 16.0% increase from October 2019.

October 20, 2020

KAR Expanding Digital Transaction Capabilities with New Acquistion

KAR Expanding Digital Transaction Capabilities with New Acquistion

KAR Auction Services, Inc. has signed a definitive agreement to acquire BacklotCars Inc., an app and web-based dealer-to-dealer wholesale platform featuring a 24/7 “bid-ask” marketplace and comprehensive vehicle inspections performed by automobile mechanics.

September 25, 2020

Manheim Expands Digital Block Sales to Over 50 Locations
Wholesale Values Continue Slow Decline

Wholesale Values Continue Slow Decline

Volume-weighted, overall car and truck segments both showed signs of slowing with the overall market decreasing by 0.15% this past week, compared to a 0.14% decrease the prior week.

September 25, 2020

Rental Agencies Offer Most Savings When Buying a Car

Rental Agencies Offer Most Savings When Buying a Car

iSeeCars.com analyzed over 8.5 million used car sales across the three dealer types and found that rental car dealers consistently provide the greatest savings, while local dealerships are priced close to market value and virtual dealerships are priced above market value.

September 24, 2020

Wholesale Prices Continue Record Highs in August

Wholesale Prices Continue Record Highs in August

Wholesale used vehicle prices increased 3.64% month over month in August, bringing the Manheim Used Vehicle Value Index to 163.7 a 15.8% increase from a year ago and another record-high for the Index, which also occurred in June and July of 2020.

September 9, 2020

Wholesale Values on Track to Hit Record Setting Levels

Wholesale Values on Track to Hit Record Setting Levels

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 3.4% comparing the first 15 days of August to the full month of July, continuing record setting-performance for wholesale prices.

August 18, 2020

Wholesale Prices Hit Record High in July

Wholesale Prices Hit Record High in July

Wholesale used vehicle prices increased 5.84% month over month in July, bringing the Manheim Used Vehicle Value Index to 158 a 12.5% increase from a year ago and another record-high for the Index, which also occurred in June.

August 7, 2020