Used-Vehicle Prices Average Just Under $27,000
But days’ supply climbed to 43 in September, the highest it has been in months, on higher inventory and slower sales.
October 22, 2021
But days’ supply climbed to 43 in September, the highest it has been in months, on higher inventory and slower sales.
October 22, 2021
Manheim Market Report (MMR) prices saw strong gains through the first two full weeks of October. The latest trends in the key indicators suggest wholesale used vehicle values will likely see further gains in the days ahead.
October 20, 2021
The seasonally adjusted annual rate (SAAR) of sales declined to 35.7 million, down from 40.9 million in September 2020.
October 19, 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
The third-party battery health diagnostic tool will strive to become the industry standard to assess the condition and value of EV batteries.
September 1, 2021
The IARA Summer Roundtable conference balanced a look back at successes while confronting industry challenges ahead.
August 31, 2021
KAR expects to be immediately profitable across its North American dealer-to-dealer platforms while enhancing its position in the highly fragmented wholesale used vehicle market.
August 29, 2021
The average listing price reached $25,500 as July closed, after surpassing the $25,000 mark for the first time ever in June.
August 20, 2021
The mid-month Manheim Used Vehicle Value Index is still up 18% year over year.
August 17, 2021
Near-record low new-vehicle inventory and record-high prices will keep certified pre-owned units as very attractive alternatives.
August 13, 2021
The latest trends in key indicators suggest wholesale used vehicle values will continue to see depreciation in the days ahead.
July 21, 2021
The Manheim Used Vehicle Value Index hit a record high of 203, and likely won't reach into the 200s again for several years.
July 12, 2021
Cox Automotive Commentary: The third quarter will be the industry’s toughest in 2021, and our analysts are forecasting second-half sales to finish below first half.
July 1, 2021
Demand has been healthy, inventories tight, and dealers have felt little pressure to lower prices.
June 24, 2021
Commentary: A deluge in demand and a drought in supply are roiling the market.
May 27, 2021
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