Despite the debt crisis in Europe and the volatility of a presidential election year, NADA holds true to its view on both the new and used-vehicle markets.
View a great video as David Hyatt of AutoFocus interviews Jonathan Banks, senior analyst with NADA Used Car Guide.
“New-vehicle sales were incredibly strong in July, surpassing a 14-million unit pace once again,” said Jonathan Banks, senior analyst with the NADA Used Car Guide, in an interview on AutoFocus with David Hyatt.
“Used-vehicle prices, which have been declining from record-high levels, are still historically strong. NADA still remains very bullish on used-vehicle prices.”