Wholesale prices declined for 2nd consecutive month in February; the Manheim Used Vehicle Value Index was 3% below February 2012 level. Despite the drag, used retail sales were strong, says Manheim Consulting’s Tom Webb.
Weakening in prices not unexpected – result of payback for year-end uptick in prices caused by Hurricane Sandy as well as…
Wholesale supplies of used vehicles (sold at auction or not) will have sizable increases through 2015, but to keep it in proper perspective…
Off-rental risk vehicles prices sold at auction approached highs reached last Spring; while volume was up from last year, average mileage was…
Click here to review February’s Manheim Used Vehicle Index and Manheim Consulting’s perspectives on market trends…
