From Manheim Consulting today: Wholesale Used-Vehicle Prices Decline Substantially in August Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 4.0% in August from July. The Manheim Used Vehicle Value Index declined to 210.8 but is up 8.4% from a year ago. The non-adjusted price change in August was a decline of 2.6% compared to July, leaving the unadjusted average price up 5.9% year over year.
emphasis added Click on graph for larger image.
This index from Manheim Consulting is based on all completed sales transactions at Manheim’s U.S. auctions.