Episode Details
Back to EpisodesWeekly Wrap on used-vehicle market, diminishing demand
Episode 150
Published 3 years, 8 months ago
Description
Used-vehicle values continue to stabilize amid slowing sales and a dip in consumer demand. At the same time, rising interest rates and a lack of used-vehicle supply are making it challenging for lenders to address affordability problems, driving some subprime consumers out of the market altogether.