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After increasing slightly in November, wholesale used vehicle prices declined 0.6% in December. The Manheim Used Vehicle Value Index now stands at 121.7, a decline of 1.9% from a year ago.
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Despite a slight decline in wholesale used vehicle prices in the last quarter of 2013, prices remained at historically high levels as consumer demand for used vehicles remained strong.
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After declining in October, wholesale used vehicle prices slightly increased in November. The Manheim Used Vehicle Index now stands at 122.4, a decline of 0.2% from its year-ago level.
Read More →ADESA Analytical Services and the Manheim Index both showed strong rental risk prices in September, but differed on results of overall wholesale used vehicle prices.
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With prices rising again in August, the Manheim Used Vehicle Index now stands at 122.3, an increase of 1.3% from its year-ago level. This is the third straight monthly increase.
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With prices increasing in July, the Manheim Used Vehicle Value Index currently stands at 120.9, a decline of only 0.2% from its year-ago level. This is the second straight monthly increase despite higher supplies.
Read More →Pickup trucks outperform; midsize and compact cars see biggest drop; rental risk prices strong.
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Manheim reports that the Manheim Used Vehicle Value Index dipped to 119.1 in May, though the decline was significantly smaller than any of the previous four months. Rental risk prices flat year over year.
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Prices for rental risk units sold at auction were 4.1% lower than their year-ago levels.
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Wholesale used vehicle prices fell again in March, Manheim Consulting reported.
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