Wholesale Prices Increased at Slowing Pace in December
Combined sales into large rental, commercial, and government buyers were down 32% year over year in December and down 4% full-year 2021 versus 2020.
January 10, 2022
Combined sales into large rental, commercial, and government buyers were down 32% year over year in December and down 4% full-year 2021 versus 2020.
January 10, 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
Despite constrained inventory, the used-vehicle market has been playing a key role in the automotive industry recovery.
December 15, 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
With two months left in 2021, reaching the revised Cox Automotive CPO sales forecast of 2.7 million units – and possibly matching the 2.8 million record-setting 2019 level – remains within reach.
November 15, 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
Tight vehicle inventory continues to vex the auto industry while high prices deter buyers.
September 16, 2021
The profit index sets another record high, while the price pressure index increased modestly.
September 13, 2021
CPO sales are up 12% versus the same time in 2020 and are marginally above the same period in 2019 when a record-high 1,900,589 units were sold.
September 9, 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 mid-month Manheim Used Vehicle Value Index is still up 18% year over year.
August 17, 2021
Chip shortages and surging demand are squeezing used vehicle sales while inflating prices.
July 21, 2021
The Manheim Used Vehicle Value Index hit a record high of 203, and likely won't reach into the 200s again for several years.
July 12, 2021
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