Used car prices have been fluctuating this year in wholesale and retail transactions. Skyrocketing prices that occurred in the first half of 2011 have been bobbing up and down since that time.
What are the forecasts for the rest of this year, along with other metrics that shape remarketing profits?
Supply is increasing, and theres debate over whether that means prices will be strengthened or weakened. Supply growth is coming from off-lease vehicles, rental return, commercial fleet lease, and more aggressive lending.
Theres differing forecasts coming from remarketing experts.
Heres what expert are saying, along with a few trends to track as the year progresses..The Article Where Are Used Car Prices Headed and What Does that Mean for Dealer Profits? appeared first on Automotive Digest.