J.D. Power’s Banks: ‘Tough’ used-car supply this year, especially off-lease
Jonathan Banks during the J.D. Power Auto Summit in Dallas. Photo by Joe Overby.
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Tuesday, Jan. 31, 2023, 09:45 PM
Joe Overby, Senior Editor
DALLAS -
Think of the used-car supply picture back in 2010 through 2012. These were the years in the aftermath of the Great Recession, automaker bankruptcies and, ultimately, new-vehicle sales tanking. “All you dealers out there that remember trying to get used cars, especially lease maturities back in 2010, 2011, they weren't there,” Jonathan Banks, vice president of […]