While used vehicle prices were up 1.2% in March, they took a big drop in April down 1.7% from the previous month and much more than April 2012s 0.5% decline. April saw the largest drop since November 2012s loss of 1.5%.
The month further eroded 2013s cumulative advantage over 2012; year-to-date used price appreciation fell from.
Price of regular grade gasoline fell by 14 cents to $3.57 per gallon in April not unexpectedly, car depreciation was led by.
Lower gasoline prices helped hold losses for large pickups and SUVs at just 0.5%;
continued scarcity of supply is also helping to support prices for.
Click here to view key findings in the latest edition of NADA Used Car Guide.
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