Strong truck prices contribute to more ‘stable’ used-car depreciation
Not surprisingly, used-vehicle depreciation slowed a bit last month, after May’s market correction stemming from tax season highs. And with relatively stable depreciation predicted for the rest of 2015, NADA Used Car Guide explained that strong prices for trucks are making up for weaker rates in among the car segments. According to the latest Guidelines report from NADA Used Car Guide.
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