Volatility tea leaves, declining demand, and cats, chips & cars
The Exchange
00:00
Car Prices Are Going to Reset Massively
We were really pleased to announce great earnings this morning. It was a tough market backdrop, obviously, but really great numbers from ally wellnits. We think yus. Car prices are going to remain quite robust for the foreseeable future. Consumers are still in cars, again, evidenced by forty six billion dollars of production we did last year. But we think the normalization in use car pricing is going to be very, very gradual.
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