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Manheim Used Vehicle Value Index Posts Third Consecutive Record
RMS, vAuto Partner to Provide Dealers Access to Manufacturers' Pre-Auction Inventory
Black Book: Retention Index Registers Second Increase in Three Months
Manheim Index Reaches Record High in June

Manheim Index Reaches Record High in June

It was the second consecutive month that Manheim Used Vehicle Value Index reached a record high. Officials said strong retail demand for recent model-year used vehicles is encouraging dealers to buy more vehicles at auction, and the increased demand is more than offsetting the high supply.

July 10, 2017

J.D. Power: Wholesale Values Decline in May

J.D. Power Valuation Services’ seasonally adjusted used-vehicle price index managed to increase for the first time in a year. While positive, May’s index figure was 7.6% below May 2016.

June 19, 2017

New Study Reveals Shift Toward Used

New Study Reveals Shift Toward Used

A survey of more than 9,000 vehicle owners found that 38% of them plan to buy used on their next purchase. That percentage grew to 53% among individuals under 40 years ago age.

June 12, 2017

Manheim Index Hits Record High

Manheim Index Hits Record High

With wholesale used-vehicle prices rising in May, the Manheim Used Vehicle Value Index rose to a record 127.9. The firm noted that dealers purchased the most vehicles at Manheim auctions for the month of May since 2008.

June 7, 2017

Manheim Used Vehicle Value Index Increases 1.6% in April

Manheim Used Vehicle Value Index Increases 1.6% in April

The index's April reading was 124.7, a year-over-year improvement thanks to the 0.5% increase in wholesale used-vehicle prices. Manheim officials said any weakness is more a result of excessive new-vehicle inventory, with more than four million new units sitting on dealer lots for the last three months.

May 9, 2017

Lithia: More Acquisitions, More F&I Money

Lithia Motors’ first-quarter results include continued gains in F&I penetrations and revenue, a result the dealer group credits to its aggressive acquisition strategy.

April 27, 2017

Black Book: Spring Lift Continues

Black Book: Spring Lift Continues

High demand for pre-owned vehicles resulted in increased values, with 13 out of the 22 vehicle segments registering increases in average value, the firm reported.

April 19, 2017

Black Book: Used Vehicle Retention Index Falls to 113 Heading Into April