The Manheim Used Vehicle Value Index, a widely followed gauge of wholesale used-vehicle prices in the US, fell 0.9% month-on-month in August 2026, marking a second consecutive monthly decline. On a yearly basis, price growth slowed to 0.4%, the weakest pace since December 2025, as resilience in EV and compact-car prices was offset by continued declines in pickups and SUVs. Cox Automotive Chief Economist Jeremy Robb said depreciation was stronger in July and early August before easing toward the end of the month. While younger vehicle cohorts saw greater depreciation, older and more affordable cars held up better, with nine- and 10-year-old vehicles remaining about six percentage points above their long-term averages, underscoring steady demand for affordable used cars. Used retail sales continued to strengthen through August, while retail days’ supply fell to 44 days from 46 at the end of July. Stronger demand and tighter supply continued to support dealer purchases from Manheim. source: Manheim Consulting Inc.

Used Car Prices MoM in the United States decreased by 0.90 percent in August from -1.40 percent in July of 2026. Used Car Prices MoM in the United States averaged 0.22 percent from 1997 until 2026, reaching an all time high of 9.20 percent in October of 2021 and a record low of -11.40 percent in April of 2020. This page includes a chart with historical data for the United States Used Car Prices MoM. United States Used Car Prices MoM - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

Related	Last	Previous	Unit	Reference
Car Production	10.68	10.99	Million Units	Jul 2026
Car Registrations	228.40	226.90	Thousand	Aug 2026
Inflation Rate YoY	3.40	3.50	percent	Jul 2026
Inflation Rate MoM	0.10	-0.40	percent	Jul 2026
Total Vehicle Sales	16.80	16.30	Million	Aug 2026
Used Car Prices MoM	-0.90	-1.40	percent	Aug 2026
Used Car Prices YoY	0.40	1.30	percent	Aug 2026

United States Used Car Prices MoM

The Manheim Used Vehicle Value Index is a measure of used vehicle prices in the US which fall into one of the 20 market classes (i.e., excludes heavy trucks, motorcycles, etc). Manheim applies statistical analysis to its database of more than 5 million used vehicle transactions annually. The per-mile adjustment is based on a simple linear regression for price and miles for each market class based on data for the current month The Index is weighted based on a 24-month rolling average of past sales by market class.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-0.90	-1.40	9.20	-11.40	1997 - 2026	percent	Monthly	SA

News Stream

US Used-Car Prices Fall for Second Month

The Manheim Used Vehicle Value Index, a widely followed gauge of wholesale used-vehicle prices in the US, fell 0.9% month-on-month in August 2026, marking a second consecutive monthly decline. On a yearly basis, price growth slowed to 0.4%, the weakest pace since December 2025, as resilience in EV and compact-car prices was offset by continued declines in pickups and SUVs. Cox Automotive Chief Economist Jeremy Robb said depreciation was stronger in July and early August before easing toward the end of the month. While younger vehicle cohorts saw greater depreciation, older and more affordable cars held up better, with nine- and 10-year-old vehicles remaining about six percentage points above their long-term averages, underscoring steady demand for affordable used cars. Used retail sales continued to strengthen through August, while retail days’ supply fell to 44 days from 46 at the end of July. Stronger demand and tighter supply continued to support dealer purchases from Manheim.

2026-09-08

US Used Car Prices Fall in July

The Manheim Used Vehicle Value Index, a widely followed measure of wholesale used-vehicle prices in the US market, decreased 1.4% month-over-month in July 2026, the first decline in three months, after edging up 0.1% in June. EV prices decreased 2.1% and non-EV were down 1.1%. Year-on-year, used-vehicle prices increased 1.3%, the smallest annual gain so far this year, led by rises in EVs (10.5%) and compact cars (4.1%). Prices also increased slightly for non-EVs (0.4%) and luxury (0.8%). In contrast, decreases were seen for pickups (-2.3%), SUVs (-1.7%) and midsize cars (-1.4%). “Wholesale values kept normalizing through July, continuing the pattern since the spring bounce peaked in March", according to Jonathan Gregory, Senior Director, Cox Automotive. "Gas prices reversed course and moved higher again as July went on, after briefly easing in June. That’s kept demand for used EVs firm even as the broader market cools", he added.

2026-08-07

Used Car Prices in the US Slow in June

The Manheim Used Vehicle Value Index, a widely followed measure of wholesale used-vehicle prices in the US market, edged up 0.1% month-over-month in June 2026, following a 0.3% rise in May. Prices for EVs rose 1.7% while non-EVs increased 0.2%. Year-on-year, prices went up 2.1%, below 3.6% in May, mostly due to a base effect. Compared with a year earlier, prices increased for compact cars (4.8%), luxury (1.4%) and midsize cars (0.1%) while a decline was recorded for SUVs (-0.8%) and Pickups (-0.3%). EVs cost went up 12% while non-EVs rose 1.7%. "The story of the first half is a strong tax-refund season that pushed values to levels we haven’t seen in a few years, peaking in March before normalizing, leaving the index about 1% off that March high. The bigger picture remains one of balance", according to Jonathan Gregory, Senior Director, Cox Automotive.

2026-07-08