What is the Used Vehicle Price Index?
The Used Vehicle Price Index is a time-series measurement of wholesale used vehicle prices for vehicles up to eight model years in age. Indices are created at a market and individual segment level.
Index data reflects price movement for a...
How can the Used Vehicle Price Index be used?
Companies that have a portfolio of vehicles held as assets – rental and fleet companies, manufacturers, captive finance companies and commercial lenders – or companies with a vested interest in tracking industry health (e.g., investment ...
What is the baseline data source for the Used Vehicle Price Index?
Index data is underpinned by AuctionNet® data, representing more than 90% of the nation’s auction transactions from Manheim, ADESA, ServNet, ABC and key independent auction houses.
What are the release dates for the Used Vehicle Price Index?
Note: Schedule subject to change without notice: Service Level 2 release dates for 2019 are as follows: January 9 (Wednesday) February 8 March 8 April 5 May 8 (Wednesday) June 7 July 10 (Wednesday) August 9 September 6 Oct...
How often is the Used Vehicle Price Index data updated?
Note: Schedule subject to change without notice:
Service Level 2 release dates are as follow:
2019 - Friday: January 9 (Wednesday) , February 8, March 8, April 5, May 8 (Wednesday) , June ...
Why do historic price index values change?
There are two reasons why the historical portion of the indices may change over time. First, a small number of late-reported transactions will enter the underlying data-set and these and other small changes to the transaction population combined wi...
What is the Used Vehicle Price Index methodology?
Index data is created as follows:
Underlying data is derived from a proprietary database containing approximately 90% of all dealer-only auction sales that have occurred in the U.S. since 1992.
Why does the Used Vehicle Price Index Service Level not match previous months?
Why does the Used Vehicle Price Index Service Level not match previous months? For example, in the previous file Nov 2017 Price Index was 109.0. The Dec 2017 version, released in January 2018, it is 113.2. Explanation: Each edition of J.D. Power&r...
What are the meanings of the Price Index column shorthand
FAQ: What are the meanings of the Price Index column shorthand? Saleyear = Year of Sale (Service Level 2 is 1995 to Dec 2019; Service Level 1 is 1995 to current month -1) Salemonth = Month of Sale (1=Jan, 2=Feb, 3 = March,.......12 = Dec.) Price_...
What is the composition of the industry index (I.E. What % Compact Utility, % Large Car, % Large Pick Up etc.).
We would like to be able to provide you with as much information as possible, but given that this data is proprietary, further discussion is needed on our end. Please remember, we do volume weight our index, so the more popular segments like Compac...
What segment level indices are included in the Service Level 2 subscription?
Luxury Compact Utility
Luxury Large Truck
Luxury Mid-Size Utility
Are there more forecast scenarios available for the Level 2 subscription?
Q: Are there more forecast scenarios available for the level 2 subscription or is it just the one scenario. If so, on what is this forecast based (baseline or does it assume any given macroeconomic conditions)? A: The Valuation Services’ used...
Can you give a few examples of different car makes for each of the sub-segments?
Sub-segments are not solely based on make. While the mainstream brands tend to fall into a group of sub-segments, just as luxury brands do (typically noted as luxury), there are a variety of sub-segments the contain a mix of makes do to the similar...
What is the story line behind the index actually inflecting positively in the back half of 2017?
What is the story line behind the index actually inflecting positively in the back half of 2017? Up from 110 level to ~112ish the rest of the way? There are a couple of reasons that should be noted which are causing the upward movement in question...