Mike Smitka has followed the industry (and the Japanese and Chinese economies) for 40 years, as an academic economist and now in retirement. David Ruggles has worked every phase of the retail side: new and used, sales and management, lease financing and consulting, in both the US and Japan. He is also retired.
Thursday, November 28, 2013
NADA White Paper on Incentives
I found the NADA White Paper on Used Vehicle Depreciation (pdf) interesting. Key sections are:
Why we’ve seen so much volatility in depreciation in the past
What to expect in terms of depreciation through 2014
How external factors influence depreciation trends
Which vehicle segments face a greater upturn in depreciation
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