Posts Tagged 'Index'

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Used Vehicle Price Index on Track to Reach Highest Level Since Late 2015

Data collected through the first three weeks of August shows that used vehicle prices have improved relative to July and are on track to end the month even stronger than anticipated. So far month-to-date, the J.D. Power Valuation Services’ Seasonally Adjusted Used Vehicle Price Index has increased by 2.3 points – relative to July – to 122.0. August’s preliminary result marks the third consecutive month of index growth and puts it on track to reach its highest level since late 2015.

Intermediate Numbers Explain What Happened to the Used Car Index Last Month

Our price index looks at the marketplace in total, but it is difficult to really understand what is going on without looking at it in more detail.

 

    

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