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.

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