Used Car Market Shows Strength

By Staff Writer May 22, 2018

The used vehicle market performed well in April with prices stronger than expected, according to J.D. Power Valuation Services.

Compared to March, wholesale prices of used vehicles up to 8 years in age increased by 0.2 percent for the month.

The Used Vehicle Price Index increased to 117.1

New vehicle daily sales rate increased 2.9 percent.

Incentive spending grew for the 37th straight month.

Last modified on Tuesday, 22 May 2018 20:43

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