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Wholesale used vehicle prices rose 0.8% in February while used vehicle sales declined 1.3%. The Manheim Used Vehicle Value Index now stands at 123.3, an increase of 1.1% from a year ago.
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Auto manufacturers are ready to pump out more cars. Could this mean higher incentives and lower residuals?
Read More →After a decline in December, wholesale used vehicle prices rose 0.5% in January. The Manheim Used Vehicle Value Index now stands at 122.3, a decline of 0.9% from a year ago.
Read More →With labor market and credit conditions continuing to improve and expected to maintain an upward trajectory in the year ahead, the environment is ripe for sustained vitality in the new, used, and wholesale marketplaces.
Read More →Used-vehicle depreciation improved toward the end of 2013, and vehicles depreciated 12.8 percent in the year, a slight pullback from the 12.4 percent depreciation in the previous year, reports Black Book.
Read More →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.
Read More →Remarketing through multiple online platforms is not a question of "if," but "when." Standardization is the next step.
Read More →Most plug-in electric vehicles will depreciate more dramatically over five years than their conventional gasoline counterparts, according to a new report from Kelley Blue Book via USA Today.
Read More →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 →ALG, the benchmark for forecasting vehicle residual values, has announced the winners of its 14th annual Residual Value Awards.
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