The VIN-dow Podcast
2022 Market Analysis
Episode Summary
In this episode, Bob talks about what's happening now with the wholesale markets, and what 2022 might look like.
Episode Notes
- MMR pricing is currently not realistic, as car rental companies have been paying inflated prices.
- MMR does not take "no sales" into account. And there have been a high number of no sales happening.
- In 2022, normalcy should be coming back to the wholesale markets. But there will still be pains in the meantime.
- There is still a disconnect between what sellers think their vehicles are worth, vs what buyers are willing to pay.
- Outside disruptors think that they have changed the rules of the game, but it will soon be established car dealers who take back the industry and end the craziness.