Prices Inch Down as Used-Vehicle Supply Holds Steady
The average listing price as May closed dipped to $28,312, compared with a revised $28,372 at the end of April.
June 24, 2022
The average listing price as May closed dipped to $28,312, compared with a revised $28,372 at the end of April.
June 24, 2022
The average listing price at the end of April was $28,365, surpassing the $28,000 mark for the first time since December 2021.
May 20, 2022
Combined sales into large rental, commercial and government buyers were up over 4% year over year in April.
May 6, 2022
At the end of March, the average listing price was $27,246, off record levels in December when it surpassed $28,000. The list price was down some from the end of February when it was a revised $27,609.
April 15, 2022
The second quarter – especially April – will be the strongest part of the year for used vehicle sales and values, and then slow down but not crash.
April 8, 2022
On a month-over-month basis, all major segments saw seasonally adjusted price declines, with pickups declining the most.
April 7, 2022
The average listing price dipped again to $27,608, still off the December peak when it surpassed $28,000. But the average listing price was 28% above that of February 2021.
March 18, 2022
All major market segments saw seasonally adjusted prices that were higher year over year in the first half of March.
March 18, 2022
The average used-vehicle listing price dipped below $28,000. The inventory volume and days’ supply are both above last year, although sales remain low.
February 18, 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
Analysis: A big drop of 20% to 30%, as one report suggests, is highly unlikely. History tells us a decline of more than 10% is rare indeed.
January 12, 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
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