Largest month-over-month drop in Manheim used-car price index since April 2020
Auto Remarketing
JULY 10, 2023
June represented the steepest month-over-month drop in wholesale vehicle prices since the early days of the COVID-19 pandemic, according to the Manheim Used Vehicle Value Index report released Monday. Cox Automotive, which publishes the index, said wholesale values last month were down 4.2% from May and fell 10.3% from June 2022, when adjusting for mix, mileage and seasonality.
Let's personalize your content