From Manheim Consulting today: Wholesale Used-Vehicle Prices Decline in April From Seasonal AdjustmentWholesale used-vehicle prices (on a mix-, mileage- and seasonally adjusted basis) declined 1.0% in April from March. The Manheim Used Vehicle Value Index declined to 221.2, which was up 14.0% from a year ago. The non-adjusted price change in April was an increase of 2.9% compared to March, leaving the unadjusted average price up 16.4% year over year.
Manheim Market Report (MMR) values saw weekly price increases that were strongest to start April and slowed as the month progressed.
This index from Manheim Consulting is based on all completed sales transactions at Manheim’s U.S. auctions.