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RVI Wraps Up 2012 Used Vehicle Pricing and Looks Ahead to 2013

2013-01-28 07:07:23| AutomotiveDigest.com - Automotive Industry News

RVI Market Update released its report on how used vehicle prices ended up in 2012. Seasonally adjusted on a two-to-five year old vehicle bases, prices rose by 1.8% month-over-month in December. Used vehicle prices saw strong increases for the month compared to the year before on a year-over-year basis, prices were up Compared to results from one year earlier, the three vehicle segments that saw the strongest price increases were Used vehicle supply is expected to increase throughout 2013, though the supply will remain at historically low levels, which means that Click here for details on the RVI Market Update for December, 2012, and forecasts of where the market is heading in 2013

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