The Manheim Used Vehicle Value Index for the US went up 0.4% year-on-year in December 2024, the biggest gain since August 2022, after a 0.2% gain in November. Used Car Prices YoY in the United States averaged 3.01 percent from 1998 until 2024, reaching an all time high of 54.30 percent in April of 2021 and a record low of -14.90 percent in December of 2022. source: Manheim Consulting Inc.

Related	Last	Previous	Unit	Reference
Car Production	10.41	9.96	Million Units	Nov 2024
Car Registrations	247.70	221.50	Thousand	Oct 2024
Inflation Rate YoY	2.70	2.60	percent	Nov 2024
Inflation Rate MoM	0.30	0.20	percent	Nov 2024
Total Vehicle Sales	16.80	16.65	Million	Dec 2024
Used Car Prices MoM	-0.30	1.30	percent	Dec 2024
Used Car Prices YoY	0.40	0.20	percent	Dec 2024

United States Used Car Prices YoY

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.