Gasoline Prices and Used Car Supply Might Spell Trouble for SUVs

  • Gasoline prices are rising. Historical analysis shows that rapid gas price escalation tempers buyer enthusiasm for large vehicles.
  • The RVI Used Vehicle Price Index  segment analysis shows that wholesale prices of sedans are increasing while SUVs are decreasing.
  • Higher fuel prices coincide with the rising supply of late model trucks and SUVs.
  • The used vehicle market predicts the financial performance of many automotive-related companies.

Maryann’s post can be read at the link below:
https://www.linkedin.com/pulse/gasoline-prices-used-car-supply-might-spell-trouble-suvs-keller/