• Understanding Vehicle Supply and Demand Trends: John Coles

  • Oct 28 2024
  • Length: 27 mins
  • Podcast

Understanding Vehicle Supply and Demand Trends: John Coles

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  • Summary

  • In this episode of the Used Car News Podcast, host Jeffrey Bellant speaks with John Coles, Vice President of Data Science and Analytics for ACV, about the current trends in the used car market. They discuss the impact of supply and demand on vehicle values, particularly focusing on gas, electric, and hybrid vehicles. The conversation also highlights the strategies independent dealers are employing to acquire inventory and the importance of data analysis in understanding market dynamics. Additionally, insights from the NAAA Convention are shared, emphasizing the evolution of the auto auction industry and the challenges faced by dealers.

    Read this month's issue here

    Chapters

    00:00 Navigating the Used Car Market
    01:23 Supply and Demand Trends in Vehicles
    10:27 Strategies for Independent Dealers
    15:37 Understanding Market Basket Analysis
    23:09 Insights from the NAAA Convention

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