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Wholesale used-vehicle prices fell in September from a year earlier for the first time since early 2025, as higher fuel costs and interest rates weighed on the market.
The Manheim Used Vehicle Value Index, which measures the prices car dealerships pay for used cars at auctions, fell to 205.9 in September, Cox Automotive said on Tuesday.
That was down 0.6 percent from a year earlier and 1.1 percent from August, after adjusting for differences in vehicle mix, mileage, and seasonality.
On an unadjusted basis, wholesale prices fell 1.2 percent from September 2025 and 1.3 percent from August, as depreciation accelerated through the third quarter.
The September decline was a reversal from the first half of the year, when wholesale used-vehicle values appreciated more than usual. …
The Manheim Used Vehicle Value Index, which measures the prices car dealerships pay for used cars at auctions, fell to 205.9 in September, Cox Automotive said on Tuesday.
That was down 0.6 percent from a year earlier and 1.1 percent from August, after adjusting for differences in vehicle mix, mileage, and seasonality.
On an unadjusted basis, wholesale prices fell 1.2 percent from September 2025 and 1.3 percent from August, as depreciation accelerated through the third quarter.
The September decline was a reversal from the first half of the year, when wholesale used-vehicle values appreciated more than usual. …
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