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October 2021

Used Vehicle Prices Likely to Stay Elevated Through Next Year

Used Vehicle Prices Likely to Stay Elevated Through Next Year

This publication is part of:

Collection: On Point

Abstract

Used vehicle prices skyrocketed during the COVID-19 pandemic as vehicle demand rose amid supply contraction. Ripple effects from supply chain issues in the new vehicle market are only part of the story. Find out the other factors driving used vehicle demand and how likely elevated demand will persist post-pandemic.

Author:

Mike Becnel