Influx of Off-Lease SUVs Applies 'Downward Pressure' on Residual Values | Auto Finance News | Auto Finance News

Influx of Off-Lease SUVs Applies ‘Downward Pressure’ on Residual Values

  • Joey Pizzolato
  • June 5, 2019
  • Risk

Amid the growing popularity of SUVs, an influx of off-lease vehicles returning to the market could impair residual values, David Paris, supervisor of market intelligence at JD Power, told Auto Finance News. So far this year, off-lease volume has increased 7.7% year over year, according to JD Power data. “We’re anticipating used supply to peak […]

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