RVI UVPI INCREASED 1.0% IN MAY COMPARED TO APRIL
Based upon our analysis, the RVI Used Vehicle Price Index was 1.022 in May compared to 1.012 in April and 1.001 May 2017. During May, wholesale auction sales of 2-to-5-years old vehicles decreased 24%compared to April and auction volume decreased 11.7%from the same period last year.
The complete set of RVI Used Vehicle Prices Indexes for April 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.