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Manheim: Mileage on Rental Risk Units Reach Record Highs

Manheim: Mileage on Rental Risk Units Reach Record Highs

For April, Manheim’s rental risk unit share fell to the lowest level since 2002. Rental car companies are net buyers, not sellers, of wholesale used vehicles right now, says Cox Automotive’s Jonathan Smoke.

May 11, 2021

Used Vehicle Inventory Plummets Due to Brisk Sales
Wholesale Prices Show Seasonal Strength

Wholesale Prices Show Seasonal Strength

Wholesale used vehicle prices increased 0.9% in the first 15 days of October compared to the month of September, bringing the mid-month Manheim Used Vehicle Value Index to 162.7, a 16.0% increase from October 2019.

October 20, 2020

Wholesale Prices Continue Record Highs in August

Wholesale Prices Continue Record Highs in August

Wholesale used vehicle prices increased 3.64% month over month in August, bringing the Manheim Used Vehicle Value Index to 163.7 a 15.8% increase from a year ago and another record-high for the Index, which also occurred in June and July of 2020.

September 9, 2020

Wholesale Prices Hit Record High in July

Wholesale Prices Hit Record High in July

Wholesale used vehicle prices increased 5.84% month over month in July, bringing the Manheim Used Vehicle Value Index to 158 a 12.5% increase from a year ago and another record-high for the Index, which also occurred in June.

August 7, 2020

Wholesale Prices Reach Record High

Wholesale Prices Reach Record High

Wholesale used vehicle prices increased 8.95% month over month in June, bringing the Manheim Used Vehicle Value Index to 149.3, a 6.3% increase from a year ago and a new record-high for the Index.

July 8, 2020

Manheim Used Vehicle Index in May Rebounds After Collapse in April
Overall Light-Vehicle Sales Down in May but Expected to Rise
Q&A: Manheim's Grace Huang Looks Ahead

Q&A: Manheim's Grace Huang Looks Ahead

Manheim's president who oversees the inventory solutions unit offers thoughts on fleet mobility services, bringing artificial intelligence to inspections, and the company's diversification strategy.

August 27, 2019

How Strong Fleet Sales Have Kept Incentive Spend Low
The State of Remarketing in 2019

The State of Remarketing in 2019

Overall used vehicle values are at strong levels. Crossover values are holding steady but there is cause for concern in the near future. Sedan values are expected to improve or stabilize as more crossovers enter the market.

August 26, 2019

Cox Automotive’s Chief Economist to Present at International Car Rental Show
Experts Forecast the 2019 Used Vehicle Market

Experts Forecast the 2019 Used Vehicle Market

Prices and volume are not expected to plummet in 2019, but industry experts seem to feel that the best-case scenario will be a plateau, and more realistically, will fall slightly.

January 18, 2019

Cox Automotive Creates Mobility Fleet Service Network
Mobility Shift Will Come with Mass Autonomous Vehicle Adoption

Mobility Shift Will Come with Mass Autonomous Vehicle Adoption

Mass adoption of autonomous vehicles should begin ramping up in 2023 and will ultimately drive a shift in vehicle ownership from consumers to larger mobility service providers with large fleets of battery-electric, autonomous vehicles, according to a new study from Cox Automotive.

August 16, 2018