June 2025 Manheim Used Vehicle Value Index Summary
June 2025 Manheim Index Summary: Key Takeaways for Dealers
Wholesale used-vehicle prices surged again in June 2025, with the Manheim Used Vehicle Value Index (MUVVI) hitting 208.5—a 6.3% year-over-year increase and 1.6% above May. This marked the highest seasonal index since tariffs began influencing market volatility.
What’s Fueling the Increase?
Though non-adjusted prices fell 1.1% from May, they remained 5.1% higher than last year. The seasonal index climbed due to sharper-than-normal depreciation following tariff disruptions. According to Cox Automotive, the strong performance reflects a resilient used market and diminished off-lease supply.
Segment Performance
- Luxury Vehicles: +8.8% YoY, +1.2% MoM
- SUVs: +6.0% YoY, +1.0% MoM
- Trucks: +2.8% YoY, +1.1% MoM
- Mid-size Sedans: +2.8% YoY, +0.8% MoM
- Compact Cars: -0.1% YoY, +1.0% MoM
EV Values Rebound
Electric vehicles posted a strong comeback, with wholesale EV values rising 12.1% YoY and 1.5% MoM. This marked the third straight month EVs outpaced non-EVs, following a market low in June 2024.
Market Metrics That Matter
- MMR Retention: 99.2% — market prices nearly matched MMR
- Sales Conversion Rate: 57.8% — higher than the 3-year average of 53.1%
- Retail Days’ Supply: 45 days — unchanged from May
- Retail Used Sales: -1.5% MoM, +2% YoY
Retail & New Car Trends
Retail listing prices ticked up 0.3% in June. New-vehicle sales fell 14.2% MoM and 4.2% YoY, impacted by elevated May sales driven by tariff fears. Fleet sales also declined, contributing to tighter supply across segments.
Dealer Action Plan
- Appraise Precisely: Leverage Laser Appraiser to align retail, trade-in, and wholesale valuations in real-time.
- Source Strategically: Focus on luxury, SUV, and rebounding EV inventory for best returns.
- Watch Tariff Impacts: Expect continued volatility—use auction run lists and condition reports to plan ahead.
To stay ahead of evolving market conditions, visit LaserAppraiser.com and streamline your used vehicle acquisition strategy today.
