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According to the highly-watched Manheim Used Vehicle Value Index (which tracks wholesale used-car prices at dealer auctions), used car prices jumped 3.7% in February compared to January of this ...
Used car prices tumbled 7.0% in 2023, the second year in a row of falling prices in the sector after a massive pandemic-era run-up. The Manheim Used Vehicle Value Index (MUVVI), which tracks used ...
The Manheim Used Vehicle Value Index (MUVVI) for the month of December posted a 0.8% increase month over month, however it dropped a whopping 14.9% year over year, the largest annualized decline ...
There is good news for used car dealers: The Manheim used vehicle value index (MUVVI) rose slightly in July compared to June, indicating more demand for used cars. The MUVVI tracks prices paid by ...
The Manheim Used Vehicle Value Index, a closely watched measure of prices, plunged 10.3% year-over-year in June. ... Used vehicle prices have soared over the last couple of years amid inflation ...
Manheim, Inc. is an automobile auction company. As a subsidiary of Cox Automotive, a subsidiary of privately owned Cox Enterprises, Inc. based in Atlanta, Georgia, Manheim's primary business is wholesaling vehicles via a bidding process using traditional and online formats.