Wholesale Used-Vehicle Prices Decline in April
Combined sales into large rental, commercial and government buyers were up over 4% year over year in April.
May 6, 2022
Combined sales into large rental, commercial and government buyers were up over 4% year over year in April.
May 6, 2022
At the end of March, the average listing price was $27,246, off record levels in December when it surpassed $28,000. The list price was down some from the end of February when it was a revised $27,609.
April 15, 2022
The second quarter – especially April – will be the strongest part of the year for used vehicle sales and values, and then slow down but not crash.
April 8, 2022
On a month-over-month basis, all major segments saw seasonally adjusted price declines, with pickups declining the most.
April 7, 2022
All major market segments saw seasonally adjusted prices that were higher year over year in the first half of March.
March 18, 2022
The latest trends in the key indicators suggest wholesale used-vehicle values will likely see further declines in the second half of the month.
February 18, 2022
Combined sales into large rental, commercial, and government buyers were down 36% year over year in January. Sales into rental declined 61% YOY, sales into commercial increased 4% YOY, and sales into government declined 23%.
February 7, 2022
As was the case in each of the last prior months, much of the reported increase was a result of the seasonal adjustment.
January 20, 2022
Combined sales into large rental, commercial, and government buyers were down 32% year over year in December and down 4% full-year 2021 versus 2020.
January 10, 2022
During the first 15 days of December, the Manheim Used Vehicle Value Index hit 239.8, a 49% increase from December 2020.
December 20, 2021
Wholesale prices appear to have peaked the week before Thanksgiving as weekly prices have declined slightly in each of the last two weeks. But retail prices continue to increase.
December 7, 2021
Meanwhile, used supply normalizes, rental risk pricing declines, and auto loan performance deteriorates.
November 22, 2021
October figures show buyers are much more aggressive in purchasing than is typically the case in the fall. Combined sales into large rental, commercial, and government buyers were down 24% year-over-year in October.
November 5, 2021
The sales conversion rate also increased last month and ended at a level higher than typical for August, indicating buyers have become more aggressive than they were in June and July.
September 8, 2021
On a year-over-year basis, all major market segments saw seasonally adjusted price increases in July.
August 6, 2021
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