A flood of off-lease vehicles has hit used car prices and new vehicle sales, and the glut of vehicles still in the pipeline suggests that the sector’s woes will worsen in the months ahead. But this is unlikely to mark the beginning of a broader slowdown in consumption growth, at least not in the next year or two.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services