Yes, I still expect used car prices to stabilize over the next two years, likely to be between within a -2% to +2% Y/Y range, particularly for younger vehicles.
We’ve already seen greater stability in Q3, both in the U.S. and Europe.
I made a post here to explain why I still expect used car prices to start stabilizing going forward.
It seems companies like Hertz and AVIS also expect to get more normal depreciation trends in 2025 and 2026, especially after they finish the current fleet rotation.
I will eventually work on a model to have more specifics.