Wholesale Prices Down but Supply Might be Normalizing, Manheim Consulting Says

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Whole­sale prices declined for 2nd con­sec­u­tive month in Feb­ru­ary; the Man­heim Used Vehi­cle Val­ue Index was 3% below Feb­ru­ary 2012 lev­el. Despite the drag, used retail sales were strong, says Man­heim Consulting’s Tom Webb.

Weak­en­ing in prices not unex­pect­ed – result of pay­back for year-end uptick in prices caused by Hur­ri­cane Sandy as well as…

Whole­sale sup­plies of used vehi­cles (sold at auc­tion or not) will have siz­able increas­es through 2015, but to keep it in prop­er per­spec­tive…

Off-rental risk vehi­cles prices sold at auc­tion approached highs reached last Spring; while vol­ume was up from last year, aver­age mileage was…

Click here to review February’s Man­heim Used Vehi­cle Index and Man­heim Consulting’s per­spec­tives on mar­ket trends…

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