How Mike Jackson Sees Used Vehicle Values Trending

jacksonmike_11_4_2009-1_04_pm.jpg

Auto Remarketing

Mike Jack­son, chair­man and CEO of Auto­Na­tion, has tak­en what he con­sid­ers to be a “con­trar­i­an view” on the impact of soft­en­ing used vehi­cle prices. The great crash of 2008 through 2010 saw used-car val­ues inflat­ed to record lev­els and pushed pric­ing right up against new cars. In many cas­es, used car dis­counts were steep to keep them away from new val­ues. That table is turn­ing in next few years and val­u­a­tions should con­tin­ue to fall.

Tags:


0 Comments

    Leave a Reply

    Your email address will not be published. Required field are marked *.