car prices

The South African motoring industry faced yet another challenging quarter, according to the latest TransUnion SA Vehicle Pricing Index (VPI) for new and used vehicle sales. The Q3 2016 VPI found that the rate of new and used vehicle pricing increased further to 9.9% and 2.8% in Q3 2016 from 8.4% and 2.7% in Q2 2016 respectively, which suggests used car sales volumes will continue to rise. The VPI index measures the relationship between the year on year increase in vehicle pricing for new and … [Read more...] about Index shows further increase in South African car prices