#9 Why we still have vehicle shortages, new and used car price predictions, when we’ll get back to normal & that time CDG bought 50 Chevys at auction | Jonathan Smoke, Chief Economist, Cox Automotive
Car Dealership Guy Podcast
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The Man-High Index Is Up 2% Year Over Year in December
The used vehicle market has far more opportunities to it than the new vehicle market in the short term. The man-high index usually delivers a 2% gain year over year. And we think we'll be close to that by the end of the year. So if you had to, again, to keep this very similar, you have to advise a family member on a car purchase right now. What would you tell them? New versus use, now versus weight, lease versus buy.
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