Manheim Phoenix Auction Prices Are Hitting Record Highs

Wholesale prices were on the way up last month, and that marks the fifth month in a row auction prices have spiked. This increase brought the Manheim Used Vehicle Value Index up to 125.3, which is ...

Detroit News: Used vehicle auction prices on the rise in anticipation of tariff-induced hikes Carleton — Hundreds of used vehicles rolled through the auction aisles of Manheim Detroit on Thursday as dealers in person and online scrambled to make their bids to shore up inventories in ...

Used vehicle auction prices on the rise in anticipation of tariff-induced hikes Used car prices hit their highest level since summer 2023 as demand stays strong, with the Manheim Used Vehicle Value Index rising 6.2% year over year. Reports of rising auction prices are coming in from November — a seasonally unusual trend as we head toward the end of the year. Though prices in the lanes normally trend downward before gaining ...

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