Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Soaring used-car values are doing more to reduce consumers’ negative equity than rising loan-to-value (LTV) ratios and increasing vehicle prices — combined — are doing to increase it. Though car sales were initially stymied when COVID-19 hit, dealers these days can barely keep their lots stocked. This shortage is causing vehicle values to catapult to […]
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David Thompson
David Thompson
David Thompson
