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Used Vehicle Values

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Wholesale Market Show Signs of Recovery

After weeks of large week-over-week changes, the weekly change settled down to a typical level...

Black Book’s latest COVID-19 Market Update found that while used vehicle values have continued to depreciate since the last week of March, the rate of depreciation has been significantly lower over the last two weeks.

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Manheim Used Vehicle Index Hits Three-Year Low in April

Manheim Used Vehicle Index Hits Three-Year Low in April

Wholesale used vehicle prices dropped 11.41% month-over-month for the month of April, bringing the Manheim Used Vehicle Value Index to 125.8, which is 9.2% lower than it was at the same time in 2019, and is the lowest level seen in three years.