The Fed Wants to Suppress Demand for Used Vehicles

The risk is that as the Fed raises rates significantly, slows other parts of the economy and maybe increases the cost of ownership with monthly payments and rates going up. John says that falling used vehicle prices matter because some leaseholders had what the industry calls lease equity. Some makes are in better supply than others. Kia, Toyota, Subaru and Honda recently had the fewest days worth of supplies,. Jeep, Dodge, Ram and Volvo had the most.