Manheim Used Vehicle Index surpasses 200 for first time

Index increased 48.2% YoY in May as used-car prices continue to rise

© Can Stock Photo / aremac

Rising used-vehicle prices have pushed the Manheim Used Vehicle Value Index above 200 for the first time in the index’s history. The index reached 203.0 in May, a 4.65% increase from last month’s record of 194.0, and a year-over-year increase of 48.2%. May marked the first time the index surpassed 200 since 1997. All major […]

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