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.
Vehicle Depreciation Rates Expected to Hit 15%
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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