Cox Automotive’s latest data reveals that wholesale used vehicle prices fell by 0.5% in September, reversing a two-month trend of increases. The Manheim Used Vehicle Value Index (MUVVI) dropped to 203.0, marking a significant decline of 5.3% compared to the same period last year. Despite this overall decrease, non-seasonally adjusted values fell only slightly, with a mere 0.1% drop from August and a 4.9% decrease year over year.