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Manheim to Deploy LotVision Technology at 90% of Locations in Q3
Wholesale Used Vehicle Prices Peaked in June
Dealers Drive Manheim's Digital, Physical Marketplaces to All-Time Highs
Manheim Expands Digital Block Sales to Over 50 Locations
Wholesale Values on Track to Hit Record Setting Levels

Wholesale Values on Track to Hit Record Setting Levels

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 3.4% comparing the first 15 days of August to the full month of July, continuing record setting-performance for wholesale prices.

August 18, 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 Values Start Strong in July

Wholesale Values Start Strong in July

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 4.4% comparing the first 15 days of July to the month of June, according to data published by Manheim.

July 19, 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 Index Shows Historic Spike

Manheim Index Shows Historic Spike

If the mid-month value of the Manheim Index holds for the full month, wholesale values will have completely recovered from the March and April declines.

June 24, 2020

Manheim Used Vehicle Index in May Rebounds After Collapse in April
Manheim Implements Simulcast-Only Sales Amid COVID-19 Concerns
Scott Maybee Named New President of NextGear

Scott Maybee Named New President of NextGear

Prior to joining Manheim, Maybee spent 10 years with Nissan North America and Nissan Motor Acceptance Corporation, rising to vice president of sales operations for Nissan Canada Finance.

November 5, 2019

Auctions Return to Business Following Florence

Auctions Return to Business Following Florence

Used-vehicle auctions have started resuming regular business hours following the effects of Hurricane Florence, which had less of an impact on the U.S vehicle market than Hurricanes Harvey and Irma in 2017.

September 24, 2018

Hurricane Florence Closes N.C. Auctions

Hurricane Florence Closes N.C. Auctions

Several North Carolina used vehicle auctions closed as a result of Hurricane Florence sweeping into the state, while others shifted to online sales or delayed on-site sales.

September 17, 2018

Manheim's Used Vehicle Values Rise 6 Straight Months

Manheim's Used Vehicle Values Rise 6 Straight Months

Wholesale used vehicle prices rose for the sixth month in a row in October, increasing by 1.02%, according to Manheim’s October Used Vehicle Value Index. This brought the index to 136.3, an 8.1% rise from a year ago.

November 8, 2017

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