US EditionManheim Used Vehicle Value Index Rises in June as Auto Market Continues To Be Impacted by Tariff-Driven Volatility
UNITED STATES, JUL 8 – Used electric vehicle prices rose 12.1% year-over-year in June, more than double the increase for internal combustion engine vehicles, amid ongoing supply shortages and tariff impacts.
- The Manheim Used Vehicle Value Index reached 208.5, up 6.3% year over year and 1.6% month over month, the highest since October 2023.
- The year-long rise in used vehicle prices, reaching the highest since October 2023, stems from a 6–10 million vehicle supply shortfall and surging used EV values up 12.1% annually amid tariff volatility.
- Manheim's Used Vehicle Value Index reached 208.5, up 6.3% year-over-year and 1.6% month-over-month, driven by a supply shortfall and surging used EV demand amid tariff volatility.
- Despite stable inventory levels at 2.21 million units in May, dealer sales conversion rates rose to 57.8%, indicating tight stocks and cautious market dynamics.
- The Manheim Used Vehicle Value Index at 208.5, its highest since October 2023, is projected to be 1.8% higher year-over-year by December 2025, driven by upcoming EV tax credit expirations.
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Manheim Used Vehicle Value Index Rises in June as Auto Market Continues To Be Impacted by Tariff-Driven Volatility
The Manheim Used Vehicle Value Index climbs to 208.5, up 6.3% year over year and 1.6% month over month, reflecting seasonal strength despite tariff-driven volatility.Retail demand remains solid as off-lease supply continues to tighten, supporting higher used-vehicle values.The used-vehicle market…
Wholesale Used-Vehicle Prices Increased in June - CollisionWeek
Seasonal adjustment increased index month over month, but unadjusted prices are up over 5% compared to June 2024. Tariff impact on new vehicles influencing used vehicle market. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were higher in June compared to May. The Manheim Used Vehicle Value Index (MUVVI) increased to 208.5, representing a 6.3% year-over-year increase and a 1.6% rise above May levels. The seasonal …
U.S. used vehicle sales gain momentum
Cox Automotive’s latest Auto Market Report found that U.S. consumer sentiment decreased in June, although it is showing signs of recovery in the early part of July — which the company says reflects “cautious optimism.” The data also shows rising momentum when it comes to used vehicle sales and service activity, while new vehicle sales remain steady. And loan rates are slowly moving away from historic highs, giving way to a low-interest financing…
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