transunion

The latest Vehicle Price Index (VPI) report released by TransUnion, a trusted provider of global information solutions for assessing and managing risk, shows the effect of continued economic pressure on the pockets of consumers. Used car price inflation showed an increase of 2.41% in Q2 2015, up from 0.58% on a year-on-year basis, while new car price inflation has softened from 7.01% to 5.35% in Q2 2015. This trend highlights the increasing demand for used cars and is further evidenced by the … [Read more...] about Economic pressure drives high demand for used vehicles