Used-Vehicle Prices Should Withstand Influx of Off-Lease Volume, Analyst Says | Auto Finance News | Auto Finance News

Used-Vehicle Prices Should Withstand Influx of Off-Lease Volume, Analyst Says

WASHINGTON, D.C. — Despite bearish calls in the automotive industry spurred by an expected influx of off-lease volume, consumer demand for replacement vehicles should keep used-car prices stable, Mike Wall, executive director of automotive analysis at IHS Markit, said in a session at CBA Live this week. Approximately 28% to 30% of retail automotive sales are leases, […]

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