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You are here: Home / News / NADA Used Car Guide Price Index Falls for Fifth Straight Month

NADA Used Car Guide Price Index Falls for Fifth Straight Month

May 17, 2016 By CollisionWeek Editor

While used cars prices are diving, large utility and pickup truck prices mitigate downward trend.

According to the May edition of NADA Used Car Guide’s Guidelines report, wholesale used vehicle prices fell by an average of 1.7 percent in April largely due to a poor performance across car segments. As a result of the occurrence, NADA Used Car Guide’s seasonally adjusted used vehicle price index fell for the fifth straight month, dropping by 0.6 percent from March to 118.0.

NADA Used Car Guide logoGenerally, lower used vehicle prices increase pressure on the number of total losses impacting the collision repair industry, while rising prices

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Filed Under: News Tagged With: J.D. Power, NADA Used Car Guide

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