by Calculated Risk on 11/07/2025 09:27:00 AM

From Manheim Consulting today: Wholesale Used-Vehicle Prices Decline in October

The Manheim Used Vehicle Value Index (MUVVI) dropped to 202.9, reflecting a 2.0% decline in October’s wholesale used-vehicle prices (adjusted for mix, mileage, and seasonality) compared to September. The index is mostly unchanged compared to October 2024. The long-term average monthly move for October is an increase of 0.3%, as the seasonal adjustment factor is typically the weakest of the year.
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Click on graph for larger image.

This index from Manheim Consulting is based on all completed sales transactions at Manheim’s U.S. auctions.

The Manheim index suggests used car prices were declined in October (seasonally adjusted) and were unchanged YoY.