Used Market Continues to Slow Featured

By Staff Writer March 01, 2019 580

The used vehicle market slowed once again in January, according to J.D. Power Valuation Services.

January marks the fifth consecutive month of decline. As a result, the Seasonally Adjusted Used Vehicle Price Index declined to 117.2.  Despite the index's sharp decline, it sits 2.3 percent above January 2018's level.

Wholesale prices were down by an average of 2.5 percent, J.D. Power Valuation Services reports.

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Last modified on Friday, 01 March 2019 13:50