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June 2018 Used Vehicle Market Conditions
Average wholesale used vehicle market prices registered their first year-over-year price decline since August 2014, continuing the general softening pattern seen since the impact of the hurricanes waned in late 2017. Retail used vehicle sales, including CPO sales, were strong, reflecting Spring, tax-season demand.
51³Ô¹ÏºÚÁÏ Collision Repair Industry Data: Q1 2018
The initial average appraisal value, calculated by combining data from all first and third-party repairable vehicle appraisals uploaded through 51³Ô¹ÏºÚÁÏ systems in Q1 2018, was $3,166, $124 more than this same period last year. Continued development suggests a final Q1 2018 average appraisal value of $3,196
Total Loss: Q1 2018
The chart below illustrates the total loss data for both vehicle age and actual cash value of total loss vehicles processed through 51³Ô¹ÏºÚÁÏ servers.