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Wholesale used-vehicle prices dip in February, EVs see steeper declines

Summary by CBT Automotive Network

Wholesale used-vehicle prices declined in the first half of February, with the Manheim Used Vehicle Value Index falling to 203.3—down 0.2% from the full month of February 2024. While non-adjusted prices rose 1.0% from January, seasonal adjustments resulted in an overall price decline. The appreciation seen so far this month is weaker than the typical February increase of nearly one percentage point. According to Cox Automotive’s Manheim Market R…

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CBT Automotive Network

Wholesale used-vehicle prices dip in February, EVs see steeper declines

Wholesale used-vehicle prices declined in the first half of February, with the Manheim Used Vehicle Value Index falling to 203.3—down 0.2% from the full month of February 2024. While non-adjusted prices rose 1.0% from January, seasonal adjustments resulted in an overall price decline. The appreciation seen so far this month is weaker than the typical February increase of nearly one percentage point. According to Cox Automotive’s Manheim Market R…

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CBT Automotive Network broke the news in 3 days ago on Thursday, February 20, 2025.

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