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#22 Gatekeepers of Automotive media, Carvana avoiding bankruptcy, Integrating AI into your car, Making EV batteries obsolete, CDG’s announcement for 2024 | Cliff Banks, Founder, The Banks Report

Car Dealership Guy Podcast

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The Decline of Used Car Valuations

I think we're not going to see a crash of used car valuations in that category. Part of that is going to be determined by what happens, you know, with use car, with new cars. And depending on the brand, I mean, Toyota is still pretty lean, but everyone else seems to be getting pretty fat. The Koreans are incredibly opportunistic in their mindset in finding ways they can create or gain market share. They're definitely going to play a game and and die.

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