Manheim Index Falls for Second Consecutive Month Featured

By Staff Writer February 11, 2019 1756

The Manheim Used Vehicle Value Index declined to 135.4 in January, down from 137.6 in December, but up from 131 in January 2018.

This was the second consecutive month-over-month decline for the Index. The Index measures wholesale prices adjusted for mix, mileage and seasonality,
Looking at trends in weekly Manheim Market Report (MMR) prices, January saw a continued price depreciation trend similar to the end of 2018. Three-year-old vehicle values in aggregate depreciated at a faster pace than normal, especially for the beginning of the year.

On a year-over-year basis, most major market segments saw seasonally adjusted price gains in January. As was the case throughout 2018, more affordable vehicles continued to see the greatest increase in values in January.

Compact cars and midsize cars outperformed the overall market, while utility vehicles and pickups underperformed the overall market.

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Last modified on Monday, 11 February 2019 00:25