Video Highlights

1. A higher-than-normal increase in used-vehicle prices is partly due to hurricane replacement demand, and while that effect will level off in the next few months, predictions are that used-vehicles prices will remain solid due to retail demand for used cars.
2. Strong retail demand for used cars is largely being driven by affordability. Dealers need to be aware of a consumer trend towards lower price points and used cars and should consider using stocking tools to align their inventory mix accordingly.