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CPI, Cars, and Credit Conditions
Moody's Talks - Inside Economics
The Supply Constrained Use Car Market
We are still projecting weakness in prices throughout this year and next year. The use market is a product of what was sold new, especially in recent years. And so the big decline in global production and new vehicle sales for three plus years now means that the use car market is smaller. Our assumption is the peak of prices is over for this year, and we're more likely to see downward pressure on the use side.
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