In December 2025, the Manheim Used Vehicle Value Index in the U.S. saw a marginal increase of 0.1% from the previous month, which followed a more substantial 1.3% increment noted in November. This increase was a composite of a 0.1% rise in non-EV prices, counterbalanced by a 0.1% decrease in EV prices. Year-over-year, the price index for used vehicle sales inched up by 0.4%. Particularly noteworthy was the luxury segment, which experienced a 1.8% increase, surpassing the overall market due to its higher susceptibility to elevated EV prices. In contrast, other segments such as compact vehicles, midsize cars, and pickups continued to face significant declines, dropping by 5.3%, 2.3%, and 3.4%, respectively, compared to the previous year.
Manheim concluded the year with an increase in days’ supply, which is typical during the year-end holiday season. Looking ahead into 2026, several encouraging economic indicators are surfacing. Specifically, new and used auto loan interest rates have dropped to their lowest point in a year, and consumers are expected to benefit soon from increased tax refunds. These factors are likely to bolster demand in the auto market as the new year unfolds, according to Jeremy Robb from Cox Automotive.
