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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.

  1. COVID killing Mobility as a Service (i.e. Uber, public transport, etc) creating many new car buyers
  2. COVID killing recreational spending (i.e. restaurants) creating new found free cash
  3. Interest rates at multi-generation lows
  4. Govt checks to help with neg equity/down payments
  5. COVID reducing New car supply

Every UCM on the planet should be watching this Manheim chart, daily.  (I do every day)

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[URL unfurl="true"]https://publish.manheim.com/en/whats-new/daily-mmr-retention.html[/URL]