By applying statistical analysis to its database of more than 5 million used vehicle transactions annually, Manheim has developed a measurement of used vehicle prices that is independent of underlying shifts in the characteristics of vehicles being sold. View the index methodology.
The Manheim Index is increasingly recognized by both financial and economic analysts as the premier indicator of pricing trends in the used vehicle market, but should not be considered indicative or predictive of any individual remarketer’s results.
Wholesale Prices Fall in March
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) declined 0.5% in March, relative to February. This brought the Manheim Used Vehicle Value reading to 124.1, which represented a 1.3% increase from a year ago. (Naturally, wholesale prices were up in March relative to February before the seasonal adjustment.)…
Read the entire article here: https://publish.manheim.com/content/publish-manheim-com/en/services/consulting/used-vehicle-value-index.html
