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Home » Manheim Used Vehicle Value Index down 3.2% year over year  

Manheim Used Vehicle Value Index down 3.2% year over year  

Retail sales were up 11% YoY 

James Van BramerbyJames Van Bramer
November 11, 2024
in Risk Management
Reading Time: 4 mins read
0
Close up of the front end of cars on a dealership lot

(Courtesy/Can Stock Photo / welcomia)

Wholesale used-vehicle values fell year over year in October as the market felt the effects of hurricanes Helene and Milton.   The Manheim Used Vehicle Value Index fell 3.2% year over year to 202.8, and 0.1% month over month, according to a Nov. 7 Cox Automotive report.   While the back-to-back hurricanes had little overall impact […]

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