RVI UVPI INCREASED 2.2% IN JULY COMPARED TO JUNE
The RVI Used Vehicle Price Index was 1.057 in July compared to 1.034 in June and 1.014 in July 2017. This represents an increase of 2.2% from June and an increase of 4.2% from June 2017. During July, wholesale auction sales of 2-to-5-years old vehicles increased 17.2% compared to June and auction volume increased 6.3% from the same period last 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