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TAG SEARCH RESULT: Manheim

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November 8, 2017

Manheim's Used Vehicle Values Rise 6 Straight Months

Wholesale used vehicle prices rose for the sixth month in a row in October, increasing by 1.02%, according to Manheim’s October Used Vehicle Value Index. This brought the index to 136.3, an 8.1% rise from a year ago.

August 17, 2017

Manheim Improves Vehicle Valuation Tool

Manheim has updated its vehicle valuation tool, the Manheim Market Report (MMR), to provide more detailed valuations of used vehicles to increase transparency and improve the remarketing process, the company announced.

July 10, 2017

Used Vehicle Values Keep Climbing Higher, Manheim Says

The Manheim Used Vehicle Value Index hit a record high for the second consecutive month, as wholesale used-vehicle prices rose 1.1% month over month in June. The increase brought the Index to 129.3, a 2.5% increase from a year ago.

November 11, 2015

Why the Optimism in Car Rental?

Attendees of the 2015 Auto Rental Summit conveyed a uniformly positive outlook. In the face of the many industry threats these days, what’s up?

July 15, 2015

The Off-Leases are Coming! Are You Ready?

The used car market will face a confluence of factors to make 2016 a challenging year.

April 23, 2015

Manheim Expands Mobile Auction Network

Manheim has added two new trucks to its fast-growing mobile auction network. The company also outlined plans to roll out up to eight additional mobile units later this year, bringing the total number in service to as many as 24 by year’s end.

June 18, 2014

Used Rental Cars: Perception Versus Reality

The erroneous perception of a beat-up off-rental car will linger as long as misguided disclosure laws remain.

March 12, 2014

Manheim: Used Vehicle Prices 1.1% Higher Than Year Ago

Wholesale used vehicle prices rose 0.8% in February while used vehicle sales declined 1.3%. The Manheim Used Vehicle Value Index now stands at 123.3, an increase of 1.1% from a year ago.

March 6, 2014

Consignors to Develop Multiplatform Bidding for Online Auctions

Manheim, ADESA, and the independent auctions will begin developing a platform that allows simultaneous bidding on vehicles listed on multiple online auction sites that will be ready in the second half of 2014.

February 12, 2014

Used Vehicle Sales Weaken in January, Reports Manheim

After a decline in December, wholesale used vehicle prices rose 0.5% in January. The Manheim Used Vehicle Value Index now stands at 122.3, a decline of 0.9% from a year ago.

February 11, 2014

Remarketing Déjà Vu: Will the Resale Market of 2016 be a Repeat of 2002?

Many of the dynamics in today’s market are eerily familiar to the resale value softness that occurred in the last decade, which ultimately peaked in 2002. At that time, year-over-year increases of off-lease vehicles entering the wholesale market exerted downward pressure on resale prices. It appears that we are on the same trajectory, with off-lease volumes peaking in 2016. What are you doing to prepare for these different market dynamics?

January 27, 2014

Manheim’s 2014 Used-Car Report Predicts Declining Margins

With labor market and credit conditions continuing to improve and expected to maintain an upward trajectory in the year ahead, the environment is ripe for sustained vitality in the new, used, and wholesale marketplaces.

January 15, 2014

Wholesale Used Prices Decline 0.6% in December, Reports Manheim

After increasing slightly in November, wholesale used vehicle prices declined 0.6% in December. The Manheim Used Vehicle Value Index now stands at 121.7, a decline of 1.9% from a year ago.

December 11, 2013

Manheim: Used Vehicle Prices Increased Slightly in November

After declining in October, wholesale used vehicle prices slightly increased in November. The Manheim Used Vehicle Index now stands at 122.4, a decline of 0.2% from its year-ago level.

November 7, 2013

Manheim: Used Vehicle Prices Fell In Oct.

After increasing the last four months, wholesale used vehicle prices declined in October. The Manheim Index now stands at 122.3, an increase of only 0.3% from its year-ago level.

August 7, 2013

Car Rental at the Halfway Point: How Are We Doing?

Looking at the first half of 2013, rates are up and the used car market is down but stabilizing. Pay attention to developments that portend the long-term future of car rental.

July 10, 2013

7 Reasons Not to Fear the Used Car Market

You may have heard about all those lease returns coming back to the market and what they might do to residual values. It’s not as bad as you think.

July 8, 2013

Manheim Reports Used Vehicle Sales for First Half of 2013

Pickup trucks outperform; midsize and compact cars see biggest drop; rental risk prices strong.

October 24, 2012

A Good Time to Buy Used?

Fleet operators are staring at a price squeeze right now that’s going to hurt. But there are ways to mitigate the pain.

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