The Manheim Used Vehicle Value Index declined to 219.6, up 12.5% from a year ago but showing a gradual decline after reaching a January peak of 236.3,
Used auto prices drop sequentially in July by 3.2%: Manheim
![New cars parking at dealership](https://assets.euromoneydigital.com/dims4/default/d5c653f/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F81%2F57%2F1ca130c836a6eeef59d501f352e6%2Fauto-insurance-cars.jpg)
The Manheim Used Vehicle Value Index declined to 219.6, up 12.5% from a year ago but showing a gradual decline after reaching a January peak of 236.3,