In 2018 in US, rise in prices for used vehicles outpaced that of new vehicles

Green Car Congress
By mmillikinJul 23, 2019, 3:30 am212 pts
The used vehicle Consumer Price Index (CPI) in 2018 was 4.4 times higher than in 1970, while the new vehicle CPI was 2.8 times higher—i.e., used-vehicle prices have risen more than new-vehicle prices. Used-vehicle prices were more volatile than new-vehicle prices over the period from 1970 to 2018 and…

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