RVI Group analysts noticed more than half of the 19 vehicle segments they track for the Market Update posted a month-over-month increase in residual values during June.

Leading this group with a rise of 1.9 percent were two vehicle segments that can get a lot of work during the summertime — full-size pickups and sports cars. Not far off that pace, RVI Group put the month-over-month residual uptick for minivans at 1.8 percent and luxury coupes at 1.6 percent.

Overall, RVI Group noticed used-vehicle prices increased in June.

The RVI Used Vehicle Price Index (Real) increased by 0.3 percent in June when compared to May. When compared to June of last year, the index fell by 3.5 percent.

RVI’s Used Vehicle Price Index (Nominal) increased by 0.5 percent in June when compared to May. When compared to last June, the index decreased by 1.6 percent.

RVI Group also mentioned in its latest Market Update that new-vehicle prices softened by 0.4 percent year-over-year in June. Analysts added that new-model transaction prices on a seasonally adjusted basis ticked 0.1 percent lower in June on a sequential basis.

Finally, while recapping data from the U.S. Department of Energy, RVI Group pointed out that June gas prices jumped 4.1 percent compared to the previous month. But looking at pump prices year-over-year, the price of gas is 14.5 percent lower.

RVI Group’s Rene Abdalah will again be a part of the National Remarketing Conference at Used Car Week, adding to a panel discussion about wholesale prices. Used Car Week begins Nov. 14 at the Red Rock Resort and Casino in Las Vegas.