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Used vehicle markets seem to have slowed, after a dramatic and surprising spike during the pandemic. Specialty vehicles in particular. For new cars, there was
by ehnto 3y ago
Used vehicle markets seem to have slowed, after a dramatic and surprising spike during the pandemic. Specialty vehicles in particular.
For new cars, there was a dealer/scarcity dynamic that seems to have allowed dealers to charge more than RRP, and consumers were paying it. I wonder if that has had an impact.
- balderdash 3y agohttps://site.manheim.com/en/services/consulting/used-vehicle-value-index.html https://site.manheim.com/en/services/consulting/used-vehicle... Definitely come down, but still quite elevated