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Goldman Sachs expects used car prices to fall 7.5% year-over-year by December, versus 15% drop previously forecast, noting leases becoming less popular and leaving fewer cars to funnel into used market, coupled with strong demand, smaller flows of chips
Published: February 27, 2023 by Axios
Pantheon Macro chief economist says new and used car prices likely to decline through most of 2023, noting profit margins for auto dealers rose faster than anywhere else during pandemic and have 'much further to fall' as supply chain concerns abate
Published: January 10, 2023 by Forbes Inc.
JPMorgan expects used car prices to fall by up to 20% in 2023 and new car prices to drop by 5% after years of high prices and low inventory; analyst cites easing supply chain crises, bringing more inventory to dealership lots, while demand is stabilizing
Published: December 19, 2022 by Business Insider
Commentary: October inflation decline brought some relief, including used car prices, cheaper household supplies, clothes/accessories and household gas; while food prices are still rising, they're moving up at slower rate, the first step toward a plateau
Published: November 14, 2022 by CBS - 9 WNCT
Carvana named number five on America’s Best Employers for Women list, honored on Forbes’s list of 2022 Most Customer-Centric Companies; Carvana serves over 80% of population in US in 300 markets with online buying, selling of used cars
Published: July 27, 2022 by Business Wire

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