The State of the Used Car Industry - Winter 2022

The State of the Used Car Industry - Winter 2022

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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.

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