What will be more normal? Supply chain woes will ease a bit, and rising vehicle supply will mean less pressure on the prices of older used cars. New-vehicle markups and used-vehicle wholesale prices have both eased since their peaks this past spring…

On the other hand, rising interest rates mean auto loans and leases are costlier, which may soon mean that buying a new car (where interest rates are lower) would be more cost-effective than a 2- to 3-year-old one…

The whole car market is being reshaped, as are how cars are ordered and sold. Here are four stories we see on the horizon in 2023.

Despite Challenges, EV Adoption Will Continue To Grow…
Used Car Prices Will Fall in 2023, but Older Cars Will See the Biggest Declines…
More Modern Retailing…
New Models Will Move Markets And Change Perceptions