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Wholesale Prices Drop Again

Wholesale Prices Drop Again Featured

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) declined 0.5 percent in March. 

This brought the Manheim Used Vehicle Value Index reading to 124.1, a 1.3 percent increase from a year ago. 

Used vehicle values have declined in five of the last six months.

The average price for rental risk units sold at auction in March remained down 3 percent year-over-year.

All car segments were down and all truck segments were up.  However, compact cars showed some relative strength in March, whereas SUV/CUVs and vans were weaker than the overall market.

 

Last modified on Friday, 07 April 2017 16:37
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