This is where everything is headed. pic.twitter.com/vF91nn8pSl
— Mac10 (@SuburbanDrone) January 8, 2024
The largest drawdown ever in Used Vehicle Index (21% now).
More disinflation in pipeline for used cars….. pic.twitter.com/4Mn6Y0vjxm
— The Macro Guy (@SagarSinghSetia) January 9, 2024
Wholesale used car prices are now at their lowest levels since March 2021, down 21% from the peak. Should lead to continued declines in retail prices in the coming weeks. pic.twitter.com/v3eqSO0Ysm
— Charlie Bilello (@charliebilello) January 8, 2024
The average price of a used Tesla has declined 18 months in a row, moving from a record high of $67,900 in July 2022 to a record low of $36,661 today (-46%). $TSLA pic.twitter.com/q8L0Bz5aPC
— Charlie Bilello (@charliebilello) January 8, 2024