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Manheim Used Vehicle Value Index Rises in June as Auto Market Continues To Be Impacted by Tariff-Driven Volatility
UNITED STATES, JUL 8 – Used electric vehicle prices rose 12.1% year-over-year in June, more than double the increase for internal combustion engine vehicles, amid ongoing supply shortages and tariff impacts.
- In June 2025, the value gauge tracking wholesale used vehicle prices climbed to 208.5, marking a 6.3% increase compared to the same month last year and reaching its peak level since October 2023.
- This rise follows a prior surge in new vehicle buying triggered by President Trump's 25% tariff on imported autos, which drove early spring demand before sales fell substantially in May and June.
- The luxury segment increased 8.8%, EV wholesale prices jumped 12.1% year-over-year, and retail used-vehicle sales dipped 1.5% month-over-month but rose 2% year-over-year in June, reflecting ongoing price and sales volatility.
- Jeremy Robb of Cox Automotive noted volatile wholesale appreciation trends in Q2 due to tariffs impacting new sales and supply, while off-lease supply declined and retail sales remained hotter than prior years.
- Cox Automotive expects retail used-vehicle sales to total approximately 20.1 million units in 2025, marking a 1.2% rise from 2024, with continued strong pricing supported by limited inventory and the ongoing impact of tariffs on the market.
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14 Articles
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Chatham Star Tribune
Manheim Used Vehicle Value Index Rises in June as Auto Market Continues To Be Impacted by Tariff-Driven Volatility
The Manheim Used Vehicle Value Index climbs to 208.5, up 6.3% year over year and 1.6% month over month, reflecting seasonal strength despite tariff-driven volatility.Retail demand remains solid as off-lease supply continues to tighten, supporting higher used-vehicle values.The used-vehicle market…
Wholesale Used-Vehicle Prices Increased in June - CollisionWeek
Seasonal adjustment increased index month over month, but unadjusted prices are up over 5% compared to June 2024. Tariff impact on new vehicles influencing used vehicle market. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were higher in June compared to May. The Manheim Used Vehicle Value Index (MUVVI) increased to 208.5, …
U.S. used vehicle sales gain momentum
Cox Automotive’s latest Auto Market Report found that U.S. consumer sentiment decreased in June, although it is showing signs of recovery in the early part of July — which the company says reflects “cautious optimism.” The data also shows rising momentum when it comes to used vehicle sales and service activity, while new vehicle sales remain steady. And loan rates are slowly moving away from historic highs, giving way to a low-interest financing…
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