Mid-December 2025 Manheim Index: What Dealers Need to Know

The Manheim Used Vehicle Value Index (MUVVI) increased to 206.0, up 0.3% from November and 0.6% year over year through the first half of December. Non-adjusted wholesale prices dipped 0.2% MoM but remain up 0.7% YoY, a slightly firmer-than-average seasonal pattern for December. :contentReference[oaicite:0]{index=0}

MMR, Retention & Conversion

• MMR prices (3-yr-old): −0.5% in the first 15 days of December. :contentReference[oaicite:1]{index=1}
• MMR retention: averaged 99.7%, up 0.7 pts YoY and 0.8 pts vs. November. :contentReference[oaicite:2]{index=2}
• Sales conversion: averaged 59.1%, +6 pts YoY and +6.7 pts vs. November—evidence of seasonally strong lane demand. :contentReference[oaicite:3]{index=3}

Segment & Powertrain Signals

Prices rose 0.6% YoY overall, supported by luxury performance and EV influence; trucks and compacts showed the largest declines versus last year. EV index values are up 2.1% YoY (−0.5% MoM), while non-EVs are up 0.6% YoY (+0.2% MoM). :contentReference[oaicite:4]{index=4}

Wholesale Supply

Wholesale days’ supply ended November at 30.5 days (↑1.7 YoY) and eased to 29.9 days by Dec. 15, consistent with typical Q4 inventory patterns and fairly balanced conditions. :contentReference[oaicite:5]{index=5}

Dealer Playbook: Finish the Year Strong

1. Price to retention: With retention near 100%, keep appraisals tight to MMR and reduce hold times on no-sale units to protect turn. :contentReference[oaicite:6]{index=6}
2. Segment mix: Favor late-model luxury and well-optioned SUVs; prune weaker compact and truck trims where YoY softness persists. :contentReference[oaicite:7]{index=7}
3. Time EV entries: EVs remain stronger YoY—buy on minor MoM dips, prioritize clean histories and high-demand specs. :contentReference[oaicite:8]{index=8}
4. Win before the sale: Enter lanes with auction run lists, condition reports, and live comps to avoid overpaying.
5. Operational speed: Use VIN-level analytics and Dealer Studio workflows to shorten reprice cycles and reduce days-to-sell.

Want a sharper edge heading into 2026? Laser Appraiser brings real-time valuations, auction integrations, and VIN intelligence together so you can buy smarter, price with confidence, and move inventory faster.

Source: Manheim Used Vehicle Value Index — Mid-December 2025. :contentReference[oaicite:9]{index=9}