ACV CEO George Chamoun Talks Used Cars

George Chamoun, CEO of ACV, discusses the evolving landscape of the used car market. He highlights the recent decline in used car prices and explores how new lease incentives and supply dynamics are reshaping consumer demand. Chamoun emphasizes the growing importance of technology for dealers, particularly in building trust and transparency in vehicle valuation. Additionally, he sheds light on the shifting expectations of both consumers and dealers as they navigate this competitive environment.