US EditionManheim Used Vehicle Value Index Ends 2025 on Stable Note; 2026 Forecast Calls for Normal Depreciation, Rising EV Influence
Cox Automotive forecasts a 2% rise in used vehicle values driven by increasing electric vehicle market share at 3.3% and continued luxury vehicle strength.
- On Jan. 8, 2026, Cox Automotive projected the Manheim Used Vehicle Value Index will rise 2% by year-end 2026.
- Because supply stays tight, Cox expects retail and wholesale supply to remain constrained in the coming year with EV weighting rising from a small 3.3%, shaping the Manheim Used Vehicle Value Index.
- December data showed the Manheim Used Vehicle Value Index closed at 205.5, up 0.4% year over year, with a 56.8% daily sales conversion, said Cox Automotive's Jeremy Robb.
- Used prices remain higher than before the pandemic, affecting affordability, while retail used-vehicle sales are expected at 20.3 million in 2026, down 0.7%, Cox Automotive projects.
- EV performance shows the EV Index posted year-over-year gains for nine straight months, while used prices saw extreme outlier gains in 2020 and 2021, and the MUVVI March low of 202.6 stayed above that level through 2025.
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17 Articles
Used Car Values to Edge Higher in 2026 as Used EV Prices Fall: Report
Sales of used cars are projected to hit 20.3 million vehicles in 2026—a 0.7 percent dip from 2025 sales—as used vehicle inventory remains constrained due to decreased automobile production and fewer leased vehicles being returned to dealerships, automotive data analytics firm Cox Automotive said on Jan. 8. Used car values, as measured by the Manheim Used Vehicle Value Index, should tick up 2 percent by the end of 2026, signaling a return to stan…
miltonindependent.com
Manheim Used Vehicle Value Index Ends 2025 on Stable Note; 2026 Forecast Calls for Normal Depreciation, Rising EV Influence
The Manheim Used Vehicle Value Index (MUVVI) ended 2025 with a year-over-year increase of 0.4%, below the long-term average of 2.3%.Used-vehicle values experienced volatility throughout the year, driven by tariffs, pricing, and affordability, but ended the year showing signs of…
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