Automotive Industry: Used Vehicle Pricing

Aron · July 9, 2025, 4:40pm

Europe used car prices continue to surge, with AUTO1 Group Price Index up 5.1% to 142.1 in June from 135.2 in January

Aron · November 11, 2025, 8:21pm

Europe used car prices were up in Q3 2025 with AUTO1 Group Price Index rising 3.6%, 2.6% and 2.4% y/y in July, August and September respectively

Aron · November 11, 2025, 8:28pm

U.S. used-car prices continue to grow y/y, with the Manheim Used Vehicle Value Index up 2% in September

The Manheim Used Vehicle Value Index (MUVVI) rose 2.0% y/y and -0.2% m/m to 207 in September.
It was up 1.7% y/y in August and 2.9% in June.

“As we close the books on Q3, we’ve continued to see wholesale values remain elevated against normal depreciation trends, even with declines in September and right as tax incentives on EVs come to an end,” said Jeremy Robb, deputy chief economist for Cox Automotive. “Both new and used retail sales were fairly elevated over most of Q3, but we started to see some declines in the last few weeks of September. Simultaneously, we observed that weekly wholesale valuations declined a bit more than earlier in the month, as the relationship between supply on dealer lots and wholesale values remains strongly intertwined.”

Aron · February 25, 2026, 4:20pm

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Europe used car prices recorded -0.7%, +0.7%, -1.3%, m/m in October, November and December respectively

Year-over-year, they were up 1.5%, 2.0% and 0.7% y/y in October, November and December respectively.

Aron · February 25, 2026, 4:57pm

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Not seasonally adjusted (NSA) Manheim Used Vehicle Value Index fell 3.7%, 0.3% and 0.4% m/m in October, November and December respectively

However, seasonaly adjusted (SA) Manheim Used Vehicle Value Index fell 2% in October, rose 1.3% in November and was up 0.1% m/m in December.

Aron · March 3, 2026, 10:15am

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Europe used car prises rose 1% and 0.4% y/y in January and February, respectively

Aron · April 8, 2026, 9:56am

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U.S. used car prices rose 6.2% y/y in March, 4.0% in February and 2.4% in January, Manheim Used Vehicle Value Index shows

Aron · May 7, 2026, 12:36pm

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Europe used car prices rose 0.4% y/y in March and February, and 1.0% in January, AUTO1 Group data shows

Aron · June 24, 2026, 3:28pm

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Europe used car prices fell 0.5% y/y and 0.8% m/m in May, AUTO1 Group data shows

Moody’s Analytics’ latest baseline forecast indicate “further increases in oil prices or weaker labor market conditions could lead to lower used-vehicle prices in the short-term.”

Aron · June 24, 2026, 3:38pm

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U.S. used car prices rose 3.6% y/y in May and 1.8% in April, Manheim Used Vehicle Value Index shows

Month-over-month, used car prices fell 1.6% in April but was up 0.3% in May.

Aron · July 15, 2026, 1:39pm

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U.S. used car prices rose 2.1% y/y in June and 0.1% m/, Manheim Used Vehicle Value Index shows

Aron · July 28, 2026, 11:43am

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Europe used car prices fell 1.1% y/y and 0.2% m/m in June, AUTO1 Group data shows

Europe used car prices fell 0.5% y/y and 0.8% m/m in May.
Europe used car prices was flat y/y and up 1.9% m/m in April.

Aron · July 28, 2026, 11:46am

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Europe used car prices fell 2.2% y/y and 1.3% m/m in July, AUTO1 Group data shows

The decline started in May.

Aron · October 2, 2026, 9:09am

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European used car prices fell 4.9% y/y and 2.3% m/m in September, AUTO1 Group data shows

European used car prices had fallen by 3.2% y/y and 1.7% m/m.

“Since May, average prices have declined across all age groups. This trend is pointing to a normalisation after the seasonal increase in spring,” Moritz Lück, Senior Vice President Sales and Operations at AUTO1 Group, said.

Assessment
Sixt’s Europe depreciation of rental vehicles rose 12.4% y/y in Q2 2026 (Google Sheets) despite more than 98% of its vehicles being covered by buy-back agreements. Therefore, the continued decline in used car prices means that we will see continued rise in Sixt’s Europe depreciation of rental vehicles.

Aron · October 2, 2026, 9:37am

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U.S. used car prices (not seasonally adjusted) rose 1.7% and 0.2% y/y in July and August respectively, Manheim Used Vehicle Value Index shows

On a monthly basis, U.S. used car prices 2.6% and 0.5%, respectively.

Assessment

Sixt’s U.S. depreciation of rental vehicles rose 13.6% y/y in Q2 2026 (Google Sheets) since used car prices started declining in May. Therefore, the continued decline in used car prices means that we will see continued rise in Sixt’s U.S. depreciation of rental vehicles.

Aron · October 8, 2026, 10:43am

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U.S. used car prices (not seasonally adjusted) fell 1.2% y/y in September, Manheim Used Vehicle Value Index shows

On a monthly basis, used car prices fell 1.3%.

“We are in the weakest season for wholesale valuations, and as September closed, depreciation was steeper than we typically see this time of year. The first half of the year actually showed more appreciation than usual, even in the face of higher fuel prices. But with the conflict in the Middle East ongoing, diesel prices at record highs, and interest rates climbing rapidly — increasingly worrying both businesses and consumers — wholesale prices have felt the sting," said Jeremy Robb, Chief Economist, Cox Automotive.