Average Used Vehicle List Price Tops Record $28,000
Available vehicle inventory inched higher, edging closer to normal. Key stats: 2.38 million unsold vehicles, 51 days' supply, 69,737 average mileage.
January 21, 2022
Available vehicle inventory inched higher, edging closer to normal. Key stats: 2.38 million unsold vehicles, 51 days' supply, 69,737 average mileage.
January 21, 2022
Manheim Forecast: Tax refunds and a supply-constrained market will likely lead to another round of price increases in the first half of 2022
January 7, 2022
During the first 15 days of December, the Manheim Used Vehicle Value Index hit 239.8, a 49% increase from December 2020.
December 20, 2021
Available inventory edged slightly higher but remain below normal.
December 19, 2021
Wholesale prices appear to have peaked the week before Thanksgiving as weekly prices have declined slightly in each of the last two weeks. But retail prices continue to increase.
December 7, 2021
The average listing price of about $27,000 is running 25% above year-ago levels and 38% over pre-pandemic 2019 levels.
November 22, 2021
October figures show buyers are much more aggressive in purchasing than is typically the case in the fall. Combined sales into large rental, commercial, and government buyers were down 24% year-over-year in October.
November 5, 2021
Manheim Market Report (MMR) prices saw strong gains through the first two full weeks of October. The latest trends in the key indicators suggest wholesale used vehicle values will likely see further gains in the days ahead.
October 20, 2021
After edging higher for a couple of months, available supply dipped by the end of August.
September 21, 2021
The sales conversion rate also increased last month and ended at a level higher than typical for August, indicating buyers have become more aggressive than they were in June and July.
September 8, 2021
High prices and relatively tight inventory keep more buyers at bay.
August 20, 2021
The average listing price reached $25,500 as July closed, after surpassing the $25,000 mark for the first time ever in June.
August 20, 2021
On a year-over-year basis, all major market segments saw seasonally adjusted price increases in July.
August 6, 2021
The latest trends in key indicators suggest wholesale used vehicle values will continue to see depreciation in the days ahead.
July 21, 2021
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