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Wholesale Used Vehicle Market Prices Fall Below Benchmark Level

While some weakening in the market over the Memorial Day weekend is seasonally normal, May saw more market softening in the latter half of the month.

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Wholesale Used Vehicle Market Prices Fall Below Benchmark Level

While some weakening in the market over the Memorial Day weekend is seasonally normal, May saw more market softening in the latter half of the month.

Michigan
United-states
Jeremy-robb
University-of-michigan
Cox-automotive
Manheim-used-vehicle-value-index
Memorial-day
Manheim-market-report
Three-year-old-index
Used-vehicle-sales-increased
Risk-prices
Mileage-showed-declines

Manheim Index: Wholesale Used Vehicle Values Lower than Expected in March, as Prices Cool in Final Week of Q1

Seasonal adjustments push wholesale used-vehicle values down in March compared to February.Overall, the first quarter outlook ended a little shy of normal compared to historical trends, particularly when compared to

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Manheim-used-vehicle-value-index
Cox-automotive-chief-economist-jonathan
Manheim-market-report
Three-year-old-index
Used-vehicle-sales-increased
Risk-prices-mixed
Mileagedropped-significantly

Manheim Index: Wholesale Used Vehicle Values Lower than Expected in March, as Prices Cool in Final Week of Q1

Seasonal adjustments push wholesale used-vehicle values down in March compared to February. Overall, the first quarter outlook ended a little shy of normal compared to historical trends, particularly when compared to the highs of the first quarters of 2023 and 2022.

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Mark-schirmer
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Manheim-used-vehicle-value-index
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Three-year-old-index
Used-vehicle-sales-increased
Risk-prices-mixed

Manheim Index: Wholesale Used Vehicle Values Lower than Expected in March, as Prices Cool in Final Week of Q1

Manheim Index: Wholesale Used Vehicle Values Lower than Expected in March, as Prices Cool in Final Week of Q1
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Mark-schirmer
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Inc-on-linkedin
Manheim-used-vehicle-value-index
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Manheim-market-report
Three-year-old-index
Used-vehicle-sales-increased
Risk-prices-mixed
Mileage-dropped-significantly
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