NADA UCG Sees 2013 Used Prices Peaking in March

NADA Used Car Guide - April 16, 2013

Prices for used vehi­cles up to 8-years-old increased by 1.2% in March, sub­stan­tial­ly less than the 3% increase record­ed for the month last year. The first quarter’s slow­er rate of growth was caused by a com­bi­na­tion of fac­tors, which includ­ed high­er pay­roll tax­es, delayed tax refunds and the spike in demand from Hur­ri­cane Sandy at the end of 2012.

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