Manheim Report: Used Vehicle Values Fall for Third Straight Month, but Declines Are Slowing

After consecutive months of double-digit declines, the Manheim Used Vehicle Value Index (MUVVI) ended June lower again but performed slightly better than anticipated. The slowing price decline and positive signs in demand point to fewer significant declines in the second half of 2024 and...

Manheim Report: Used Vehicle Values Fall for Third Straight Month, but Declines Are Slowing

After consecutive months of double-digit declines, the Manheim Used Vehicle Value Index (MUVVI) ended June lower again but performed slightly better than anticipated. The slowing price decline and positive signs in demand point to fewer significant declines in the second half of 2024 and...