As a result of high gas prices and used vehicle supply, ALG is reducing residuals by 2% from the May/June guide. ALG believes increasing new vehicle sales will improve used car inventory and place downward pressure on used vehicle prices.
As a result of high gas prices and used vehicle supply, ALG is reducing residuals by 2% from the May/June guide. ALG believes increasing new vehicle sales will improve used car inventory and place downward pressure on used vehicle prices.