by Calculated Threat on 1/08/2025 09:58:00 AM
From Manheim Consulting immediately: Wholesale Used-Automobile Costs Decreased in December
Wholesale used-vehicle costs (on a mixture, mileage, and seasonally adjusted foundation) have been decrease in December in comparison with November. The Manheim Used Automobile Worth Index (MUVVI) fell to 204.8, a rise of 0.4% from a yr in the past. The seasonal adjustment to the index lowered the change for the month, as non-seasonally adjusted values declined at a better fee. The non-adjusted worth in December decreased by 0.8% in comparison with November, transferring the unadjusted common worth up 0.3% yr over yr.
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This index from Manheim Consulting relies on all accomplished gross sales transactions at Manheim’s U.S. auctions.
The Manheim index suggests used automobile costs decreased in December (seasonally adjusted) and have been up 0.4% year-over-year (YoY).