As more tariffed products replace non-tariffed inventory, prices are tracking higher, which should lead to slower sales
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The venerable data analytics and consumer insights firm will detail the outlook for the automotive and remarketing sectors and what it means for consignors, auctions, dealers, and fleet operators.
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Over the past four years vehicle depreciation rates have remained below 14% for two- to six-year old vehicles, but that is anticipated to change for 2016. In 2016, depreciation rates are expected to climb to 15%. Further analysis of the market shows how cars, SUVs, and trucks fared in 2015.
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