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.
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.