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For those players that like to geek out on this historic BUBBLE in used car prices, we're watching a perfect storm of used car demand.COVID killing Mobility as a Service (i.e. Uber, public transport, etc) creating many new car buyersCOVID killing recreational spending (i.e. restaurants) creating new found free cashInterest rates at multi-generation lowsGovt checks to help with neg equity/down paymentsCOVID reducing New car supplyEvery UCM on the planet should be watching this Manheim chart, daily. (I do every day)[ATTACH=full]5378[/ATTACH][URL unfurl="true"]https://publish.manheim.com/en/whats-new/daily-mmr-retention.html[/URL]
For those players that like to geek out on this historic BUBBLE in used car prices, we're watching a perfect storm of used car demand.
Every UCM on the planet should be watching this Manheim chart, daily. (I do every day)
[ATTACH=full]5378[/ATTACH]
[URL unfurl="true"]https://publish.manheim.com/en/whats-new/daily-mmr-retention.html[/URL]