Hybrids – Supply & Demand
A recently published article in Autosphere explores the value of hybrids in the used car market. The shortage of used hybrids has caused demand and prices to rise. Scott Whittal, director of operations for ARI, said, “It’s a challenging time because there’s a shortage of these vehicles, and dealers are battling it out over any good quality used vehicle.”
Evaluating the resale values for used hybrids has presented a challenge for the industry. Whittal notes “Evaluating the market and the resale values is an ongoing effort at ARI, constantly looking for market changes, changes in models, and regional differences.”
To read the full article, click here.