The Car and Truck Fleet and Leasing Management Magazine

Used Vehicle Prices Reach Record High, Manheim Says

June 07, 2017

Prices for wholesale used vehicles reached a record high in May while new vehicle numbers continue to slip, according to the Manheim Used Vehicle Index, a measure of wholesale prices adjusted for mix, mileage, and season.

The index indicated a record-high value of 127.9, improving 2.6% in May and 2.8% from a year ago.

The May Index result challenges the concerns that increasing wholesale supplies would lead to rapidly declining used vehicle values. Instead, larger supplies provide consumers a greater breadth of quality and choice in the used vehicle market, according to Manheim.

New vehicle sales are down 2% compared to last year, and have fallen 0.5% year-over-year.

CPO sales increased 7% in May, with a year-to-date gain of 1.6%.

Pickup trucks and vans saw the largest gains in market class pricing, while mid-size vehicles saw the largest decline of 2.4%.

Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Sponsored by

A program wherein the leasing company or fleet management supplier handles some or all aspects of an accident in which a covered vehicle is involved.

Read more

Up Next

More From The World's Largest Fleet Publisher