RVI UVPI increased 2.7% in August compared to July in the US but declined 0.7% in Canada
The RVI Used Vehicle Price Index (UVPI) for the United States was 1.085 in August compared to 1.057 in July and 1.026 in August 2017. This is an increase of 2.7% month over month and 5.7% year over year.
In Canada, the UVPI was 0.969 in August, down 0.7% from July, but up 4.9% year over year.
The complete set of RVI Used Vehicle Prices Indexes for July are now available on our website (http://www.rvigroup.com/uvpi). Commentary by Maryann Keller & Associates and related comprehensive analysis of wholesale market activity and price trends will be released and available on our website within a few days