Mike Jackson, chairman and CEO of AutoNation, has taken what he considers to be a contrarian view on the impact of softening used vehicle prices. The great crash of 2008 through 2010 saw used-car values inflated to record levels and pushed pricing right up against new cars. In many cases, used car discounts were steep to keep them away from new values. That table is turning in next few years and valuations should continue to fall.
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