Most Segments Saw Little Change in December Residual Values

Rene Abdalah
Senior VP, Pas­sen­ger Vehi­cle
RVI Group

The RVI Used Vehi­cle Price Index (Real) increased by 0.7% in Decem­ber when com­pared to Novem­ber. When com­pared to Decem­ber 2014, the RVI index fell by 3.2%. RVI’s Used Vehi­cle Price Index (Nom­i­nal) increased 0.5% in Decem­ber when com­pared to Novem­ber. Prices fell 1.1% from Decem­ber 2014. RVI’s index mea­sures the whole­sale val­ues or (resid­ual val­ues) of two-to-five year-old used vehi­cles adjust­ed for mileage, mix, and sea­son­al­i­ty. Most seg­ments saw lit­tle change in their resid­ual val­ues this past month.

Mid-size Sedans and SUVs Saw Great­est Uptick in Decem­ber, Month to Month:
Lux­u­ry Coupes and Full-Size Sedans saw the great­est price declines.

Mid-size SUVs Only Vehi­cle Seg­ment to see Month­ly and Year­ly Increas­es:
Seg­ment saw 1.7% month-to-month gain, and 0.3% year-to-year increase.

New Vehi­cle Trans­ac­tion Prices on Sea­son­al­ly Adjust­ed Basis Fell 0.1% M-O-M:
When com­pared to Decem­ber 2014, there was a 0.2% increase in new vehi­cle prices.

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