Overall car volumes at Manheim were up 33% year-on-year in October.
While there was a softening in prices compared to September prices, October’s values for both part-exchange and ex-fleet were up compared to October 2014.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
In the part-exchange market, values increased 5.2% (£177) year-on-year to £3,567, the second highest recorded monthly value in 2015.
The average part-exchanged supermini sold by Manheim was 92 months old – six months younger than in the same month last year. Conversely, coupe owners seem to be keeping them for longer, with the average age of stock sold by Manheim being 106 months in October, five months older than in 2014.
Daren Wiseman, valuation services manager at Manheim, said: "The slight dip in average selling prices in October was entirely expected, and the year-on-year figures were particularly impressive given the significant growth in our auction volumes compared to 2014.
"In terms of their residual value, 4x4s maintained their September performance, retaining 27% of their original value – the highest of any vehicle segment – continuing the trend of dealers snapping up available stock in the run up to the winter months."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataEx-Fleet
Ex-fleet car values rose by an average of 4.6% (£326) year-on-year to £7,371, 2% below Septembers value.
The year-on-year increase was true of all vehicle segments, with MPV’s displaying the strongest growth – up 26.8%.
Compared to October 2014, the average ex-fleet car market retained 2% more of their original value.
Wiseman said: "The performance above last year was evident in residual values, with ex-fleet vehicles retaining an average of 36% of their original value, compared to a figure of 34% the same time last year."
