CarDealershipGuy Podcast: What’s Next for Car Prices and Auto Lending? | Jonathan Smoke, Chief Economist at Cox Automotive

Cox Automotive Chief Economist Jonathan Smoke joins CarDealershipGuy Podcast to discuss the state of auto lending and what’s to come, how interest rates are impacting the car industry, the No. 1 issue for car shoppers right now, the best and worst car deals on the market, what a UAW strike could mean for the auto industry, winners and losers in the EV space and will used-car prices go back to normal anytime soon.

00:00 – Intro

02:00 – DJ Smokey Smoke returns

05:55 – The general state of the market

15:25 – Interest rates and how they affect the industry

18:03 – Supply & demand, inventory issues, price improvements

26:55 – Winners & losers in the EV space

34:00 – Used car market update

38:30 – Will UAW strike?

48:00 – Best deals for consumers right now

52:25 – The state of auto lending

1:03:10 – Wrapping up

Listen on another platform:

X (Twitter): https://x.com/GuyDealership/status/1702659237443219876?s=20

Apple: https://podcasts.apple.com/us/podcast/27-state-of-auto-lending-best-and-worst-car-deals/id1677810412?i=1000627982233

Spotify: https://open.spotify.com/episode/2rSdM5JZ8hTbF99CNA9o9Q?si=8kai4_eoT9qNNuvZVHXelg