Over the last two weeks, Manheim Market Report (MMR) prices declined an aggregate of 1.8%. The non-adjusted price change in the first half of June declined 2.6% compared to May, while the unadjusted price was down 9.1% year over year. The seasonal adjustment contributed to some of the decline. The midmonth Manheim Used Vehicle Value Index dropped to 217.3, which was down 9.4% from the full month of June 2022. Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 3.2% from May in the first 15 days of June. The presentation will be available one hour before the conference call. Jonathan and Chris will be joined by Joe Kichler, Vice President of Manheim Logistics.įor questions, or to request data, please email If you want regular updates about the Manhiem Used Vehicle Value Index, as well as direct invitations to the quarterly call sent to you, please sign up for our Cox Automotive newsletter and select Manheim Used Vehicle Value Index quarterly calls. You are invited to join Cox Automotive Chief Economist Jonathan Smoke and Chris Frey, Senior Manager of Economic and Industry Insights, as they discuss the latest Manheim Used Vehicle Value Index and the major economic and industry trends that shaped the quarter. Listen to the recording of the last call. Please RSVP to add the presentation to your calendar and see how to join.