Market Analysis

Current Used Car Market Trends — June 2026

Here's a live read on current used car market conditions for June 2026, drawn from AI forecasts across 794 vehicle segments. Prices are holding steady on average — the segment-by-segment breakdown below shows where the trend is actually concentrated.

Avg 30-day change

+0.07%

794 segments

MUVVI MoM

+2.40%

Index 210.5

Used-car CPI YoY

-3.2%

BLS retail

Outlook

Stable

Aggregate trend

What's rising in June 2026

Top vehicle segments by 30-day forecast appreciation, classified Rising trend.

VehicleBody30-day forecast
2019 Mazda CX-5 Sportsuv+5.3%Forecast
2023 Chevrolet Colorado LTtruck+5.0%Forecast
2024 Porsche 911 GT3 RSsupercar+4.6%Forecast
2021 Ferrari Romacoupe+4.5%Forecast
2019 Kia Sorento LXsuv+4.3%Forecast

What's softening in June 2026

Top vehicle segments by 30-day forecast decline, classified Softening trend.

VehicleBody30-day forecast
2022 Ford Mustang Mach-E Selectsuv-4.9%Forecast
2020 Chevrolet Silverado 1500 LTtruck-2.0%Forecast
2021 Chevrolet Suburban LSsuv-1.9%Forecast
2021 Porsche 911 Turbo Ssupercar-1.8%Forecast
2021 Toyota Prius LEsedan-1.7%Forecast

Holding value in June 2026

Vehicles classified Stable trend — forecast change within ±1.5% over 30 days.

VehicleBody30-day forecast
2022 Kia Telluride LXsuv0.0%Forecast
2023 Audi e-tron GTsedan-0.0%Forecast
2023 Ford Bronco Raptorsuv+0.0%Forecast
2023 Lamborghini Huracan EVOsupercar+0.0%Forecast
2019 Chevrolet Corvetteunknown+0.0%Forecast

Manheim Used Vehicle Value Index — June 2026 Update

Latest MUVVI value

210.5

January 2026

Month-over-month

+2.40%

Vs. prior month

Direction

Rising

MoM trend

The Manheim Used Vehicle Value Index (MUVVI) is the most widely-watched wholesale benchmark for the US used-car market, published monthly by Cox Automotive and tracking dealer-acquisition prices across auctions and trade-ins. For June 2026, the index is up 2.40% month-over-month at an index value of 210.5. CarCast's segment-level forecasts incorporate MUVVI as one of the wholesale signals — the 794 vehicle-segment forecasts below show where the broad index trend is concentrated at the make-model level for June 2026.

Macro backdrop

The Manheim Used Vehicle Value Index, the most widely-watched wholesale benchmark for the US used-car market, is up 2.40% month-over-month entering June 2026. On the retail side, the BLS used-car CPI is down 3.2% year-over-year.

CarCast's 8-week segment forecasts incorporate both the wholesale (MUVVI) and retail (CPI) signals, weekly dealer-listing inventory, and 52+ weeks of segment-level price history. Each segment is classified Rising(forecast change > +1.5% over 30 days), Stable (within ±1.5%), or Softening (below -1.5%).

Used car market — frequently asked

Are used car prices going up in June 2026?

As of June 2026, the Manheim Used Vehicle Value Index — the leading wholesale benchmark — is up 2.40% month-over-month, and CarCast's aggregate 30-day forecast across 794 segments is up 0.07%. Direction varies sharply by segment: trucks, SUVs, EVs, and classics each move on their own cycle. See the Rising and Softening leaderboards above for the segment-level breakdown.

What is the Manheim Used Vehicle Value Index (MUVVI)?

MUVVI is a monthly wholesale price index published by Cox Automotive that tracks transactions at Manheim auctions across the US. It's the most widely cited benchmark for the direction of US used-car wholesale prices. CarCast incorporates MUVVI into every segment forecast and shows the current MoM change and index level at the top of this page.

When will used car prices drop?

Used car price direction is segment-specific — there is no single "used car market." CarCast's 60-day forecasts classify each of 794+ tracked segments as Rising (>+1.5% over 30 days), Stable (±1.5%), or Softening (below -1.5%). At any given time, dozens of segments are softening while dozens of others are rising. Browse the full vehicle index to find the 60-day outlook for any specific year/make/model.

How accurate are CarCast's used-car forecasts?

CarCast's 60-day median forecast (P50) has a mean absolute error of roughly 3–5% across tracked segments, based on weekly backtests. Each forecast also publishes P10/P50/P90 confidence bands, so dealers and flippers can size positions to the uncertainty rather than the point estimate alone.

How is CarCast different from MMR (Manheim Market Report)?

MMR is a backward-looking wholesale valuation — it tells you what a vehicle sold for in recent Manheim auctions. CarCast is a forward-looking AI forecast — it tells you where the segment's price is most likely heading over the next 60 days. The two are complementary: MMR anchors today's valuation, CarCast projects the next two months.

Why are used car prices still elevated?

Used-car retail prices (BLS CPI for used cars and trucks) are down 3.18% year-over-year as of June 2026. New-vehicle supply normalization since 2024, lease-return shortages, and segment-specific tailwinds for trucks, hybrids, and EVs are the structural drivers on the wholesale side. See the macro backdrop section above for current readings on both wholesale (MUVVI) and retail (CPI) trends.

Past months

Browse historical monthly snapshots of used car market trends.

Current Used Car Market Trends — June 2026: Full Analysis

A monthly read on where used car prices are heading in the United States, generated from CarCast's live AI forecasts and the most recent Manheim wholesale + BLS retail data. Updated automatically each month.

Used car prices in June 2026 are holding flat on average — the segment-level forecasts across 794 vehicles point to a 30-day aggregate change of +0.1%. That is the headline number every dealer, lender, and shopper wants to see, but it hides a great deal of segment-by-segment variation. As is almost always the case in the used market, the average is the least interesting number on the page. The interesting numbers live in the tails.

What's rising in June 2026

The forecast model flagged these vehicles as the strongest risers in June 2026:

Concentration in suv bodies on the rising side is a useful tell: in the modern used market, a single body-style category usually leads the cycle. Buyers of these vehicles right now are paying near the top of the recent range, with the forecast suggesting more upside before the segment cools.

What's softening in June 2026

On the other side of the ledger, these vehicles are projected to give back the most ground over the next 30 days:

When a forecast model marks a segment Softening, the typical cause is one of three things: a fresh model-year arrival compressing residuals on the previous generation, a rotation in consumer demand toward a different body style, or an inventory build-up at the wholesale level that hasn't yet flowed through to dealer listings. Buyers in these segments have room to wait; sellers should price aggressively.

The macro picture

The Manheim Used Vehicle Value Index — the wholesale benchmark most of the industry tracks — is up 2.4% month-over-month entering June 2026, with the latest index reading at 210.5. On the retail side, the Bureau of Labor Statistics' used-car CPI is down 3.2% year-over-year. Together those two series tell us where wholesale and retail are diverging — which is where dealer margin lives.

CarCast's segment forecasts weight both signals. When MUVVI is moving but the retail CPI lags, dealers can usually catch a few weeks of margin before the consumer notices; when CPI is moving and MUVVI is steady, that's a sign demand-side pressure is doing the work and the wholesale unwind may follow. Body-style read for June 2026: suvs are mixed, trucks are mixed, supercars are mixed, coupes skew rising.

What buyers should watch in June 2026

For shoppers, the practical framing is simple. If the vehicle you want is in the Rising column above, the price you see today is probably not getting better in the short term — buy now or change your shortlist. If it's in the Softening column, you have room to wait two to four weeks and re-check. For the long "holding value" middle, the right question is supply local to you, not the national trend.

For dealers, the read is inverted. Rising segments are appraisal-tight: get aggressive on acquisitions while the forecast supports it. Softening segments need to move; mark them down a step before the rest of the market sees it. The full segment forecasts, including P10 / P50 / P90 confidence bands, are available on each vehicle page.

How these forecasts are calculated

Every weekend CarCast runs an 8-week forecast on every tracked segment using a 200-million-parameter time-series foundation model. Inputs are 52+ weeks of weekly listing-level price aggregates (median, P10, P90), MUVVI wholesale, BLS retail CPI, and segment- specific inventory depth. Each segment is then classified Rising (forecast change above +1.5% over 30 days), Stable (within ±1.5%), or Softening(below -1.5%). The classifications are informational analytics, not financial advice. They're built to help buyers and dealers time decisions, not to guarantee outcomes.

Previous months

Compare June 2026 against past months — same methodology, archived for the historical record:

This editorial section is generated from CarCast's live snapshot data each month. The numbers above are pulled from the most recent forecast pass on June 2026; the narrative around them follows a fixed structure so the analysis stays comparable across months. Updated automatically when new snapshots land.

See your vehicle's 60-day forecast

Browse 794 vehicle segments with weekly-updated AI forecasts, P10/P50/P90 confidence bands, and trend classifications.

Forecasts and trend classifications are informational analytics only and do not constitute financial advice or a recommendation to purchase, hold, or sell any vehicle. Individual market conditions vary.