Wreckonomics© 2024 Year in Review

In 2024, most of the automotive headlines were once again focused on the used car market.  High interest rates and inflation caused a dip in consumer purchasing power, leading to a decline in demand for mid-range used vehicles.

Market & Metals, Q2 2024

We have been consistently witnessing deflating values of low value and end of life automobiles presented at wholesale.

Market & Metals, Q1 2024

The surprising stability of the first three months of 2024...well...surprised us somewhat.