April 2025 Manheim Used Vehicle Value Index Summary
April 2025 Wholesale Used-Vehicle Prices Surge
Wholesale used-vehicle prices experienced a significant increase in April 2025. The Manheim Used Vehicle Value Index (MUVVI) rose to 208.2, marking a 4.9% increase from April 2024 and a 2.7% rise from March 2025. This is the highest level since October 2023. The non-adjusted price in April increased by 3.3% compared to March, moving the unadjusted average price up 4.3% year over year. (source)...
Key Highlights
- Index Peak: The MUVVI reached 208.2 in April 2025, the highest since October 2023.
- Year-over-Year Growth: A 4.9% increase compared to April 2024.
- Month-over-Month Growth: A 2.7% rise from March 2025.
- Non-Adjusted Prices: Increased by 3.3% from March, with a 4.3% year-over-year rise.
Segment Performance
Different vehicle segments showed varied performance:
- Luxury Vehicles: Rose by 5.9% year-over-year.
- SUVs: Increased by 5.5% compared to April 2024.
- Trucks: Up by 2.5% year-over-year.
- Mid-Size Sedans: Slight increase of 0.8% from April 2024.
- Compact Cars: Declined by 1.5% year-over-year.
Electric Vehicles (EVs) Trends
EVs showed notable trends in April 2025:
- Market Share: EVs accounted for 3.4% of all units sold at Manheim, the highest level on record.
- Price Increase: EV values rose by 2.2% from March 2025 and are up 1.6% compared to April 2024.
Dealer Insights
Given the current market dynamics, dealers should consider the following strategies:
- Inventory Management: Monitor segment performance to adjust inventory accordingly.
- Pricing Strategies: Stay informed about market trends to price vehicles competitively.
- EV Opportunities: With EVs gaining market share, consider expanding EV offerings.
For more detailed insights, visit the Manheim Used Vehicle Value Index.
Use the data to be selective, lean on Laser Appraiser, and keep a close eye on auction trends as we move deeper into spring.
