(July 10, 2024) Used vehicle wholesale prices declined on a seasonally adjusted basis in June from the previous month, according to Cox Automotive. The Manheim Used Vehicle Value Index — Cox's measurement of used-vehicle wholesale prices calculated by tracking vehicle transactions at Manheim's U.S. auctions and applying statistical analysis — fell to 196.1 in June, down 0.6 percent from May. Cox adjusts that figure for mix, mileage and seasonality. Prices were down 8.9 percent from June 2023, Cox said.