Projections: Used Automotive Market

[John M BUNMAN]

Greetings All,

Informative and detailed perspective from KPMG regarding the used auto market—and when “normal” may return.

https://advisory.kpmg.us/content/dam/advisory/en/pdfs/2021/car-crash-design-secured.pdf

Of course this is the perspective of one analyst; however, given the interest by some regarding trade values—hopefully this is useful.

Wishing all a healthy 2022!

Thank you for the information

 

[jamanrr]

ummm yeah, people are not going to take the hit for these, with little to no repercussion for the effect on people's credit. They will just walk away from those upside down scenarios and leave the banks to deal with it.