According to Auto Remarketing, future pre-owned supply could impact residuals.
In the latest ALG Industry Report, residual values didn’t change much from the previous edition. However, the future used-car supply situation could shake things up a bit.
ALG has upped its outlook on used market supply, meaning lower residual values could be on the horizon.
“At the industry level, our supply forecast has increased, leading to a 0.2-percentage point drop in residuals,” ALG said.