Weekly Wrap: Declining vehicle demand, increased NCOs may be on the horizon

Rising used-car prices and a potential end to stimulus support prompt industry concerns

Photographer: Bloomberg/Bloomberg

Tight supply continues to drive up used-car prices, sparking concerns about how long consumer demand will hold up. The average listing price on used vehicles surpassed $22,000 in April for the first time ever as inventory sat at 35 days’ supply. Eventually, prices may become too high to entice consumers to purchase. Meanwhile, the future […]

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