The State of the Used Car Industry - Winter 2022
Retail | Wholesale | Finance | Collections and Recoveries
Like you, the Cherokee Media Group editorial team is quite curious about what's going to unfold in 2023 throughout the used-vehicle industry.
This whitepaper recaps many of the 2022 developments that set the stage for industry leaders to consider a host questions.
Will dealers find the inventory they need? And how much are they going to have to pay for it? After looking at the paper already in their portfolios, will finance companies tighten underwriting guidelines? And what happens to a glut of repossessed vehicles if defaults spike?
We hope the data and insights in this whitepaper give you reference points to consider as 2023 unfolds, as we all learn how the resilient used-vehicle industry responds.
A New Age of Digital Buying & Selling
The wholesale and retail segments of the automotive industry are shifting toward an increasingly digital future that seems poised to blend online and brick-and-mortar operations.
Want to better understand this trend?
Read our three-part report for data, insights, best practices and more.