![]() ![]() It reflects vehicle price trends in the market over the past year and is a simple matter of supply and demand. For example, during the pandemic many manufacturing plants were shut down for long periods of time and yet vehicle demand remained high. With fewer vehicles available for ![]() Valuesĭid go down for 81% of registered vehicles, and remained the same for 4%, but approximately 15% will see an increase. Vehicle owners naturally expect their vehicle values to go down each year, but this is not always guaranteed. ![]() 1 values, the City estimates that up to 15% of registered vehicles will experience appreciationrather than depreciation this year. Some Vehicle Values Increasing Due to Economic Impact of Pandemicīased on the National Automobile Dealers Association (NADA) Jan.
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