Author: News/Media Release

MMR values have been based on year-make-model-trim data, with additional manual adjustments available for mileage, region, condition and color. Nonetheless, a vehicle’s specific options and packages can boost or diminish its value in comparison with the standard configuration. The widely used wholesale vehicle valuation tool, Manheim Market Report (MMR), now includes automatic adjustments for factory-installed options and packages, Cox Automotive announced July 26.This enhancement is made possible through the combination of OEM construct data with Cox Automotive’s extensive first-party transaction data and proprietary modeling, making valuations more precise.As one in all the industry’s most trusted source of wholesale vehicle valuations,…