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According to the study, which analyzed more than 10 million 1- to 5-year-old usedcars sold in 2018 and 2023, gray has gained four percentage points in those five years, rising from 15.2% of the market to 19.2%. automarket, representing 78.9% While used-car prices overall have risen 50.4%
This indicates that dealers feel pressure to lower prices while still facing challenges in offering the value consumers expect, as incentives remain below 2018 and 2019 levels. The used-vehicle inventory index declined in Q2, which is not uncommon for the spring survey. 3 on the list of top 10 factors affecting business.
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