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#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
Electric Vehicle Value Retention Is Stronger Today Than It Was Five Years Ago
The first 12 weeks of this year, I saw all almost all vehicles appreciate. And over time, we've really seen electric vehicles start to perform better in terms of of used vehicle value retention. We had electric vehicles when I started in in 2017 that were worth 10% of what their original sticker was.
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