Market Trends

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Resale Values Forecast to Decline 10-15% by 2014 as Used-Vehicle Supply Increases

September 13, 2011

Today’s high resale values are an anomaly caused by the shortage of used vehicles in the wholesale market due to the extremely low sales of new vehicles during the 2008-2011 timeframe. Nowadays, everyone is a hero when it comes to getting top dollar for their out-of-service fleet vehicles. However, these artificially high prices will ultimately decline as used-vehicle supply increases.

Tags: Remarketing, Used Vehicles, residuals, Antich, resale value

Author: Mike Antich | Posted @ Tuesday, September 13, 2011 12:00 AM | » Comments(1)

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