Used Vehicle Market Down Slightly

Order Reprints

Dec. 18, 2019—Analysts at J.D. Power Valuation Services note that the used vehicle market is still in the midst of a downturn. The period marked the fourth consecutive month of decline.

The December 2019 Used Car and Light Truck Guidelines Industry Update states:

  • Wholesale prices decline in November
    • Prices were down by an average of 3.3 percent
  • Used vehicle price index declines
    • The UVPI reached 118.8
  • Wholesale volume growth slows
    • Volume was up 3.9 percent CYTD

According to the report, used prices remained strong from a historical perspective.


Related Articles

Despite Record Incentives, US Auto Sales Down Slightly for Month Retail sales down, used sales up

You must login or register in order to post a comment.